> ## Documentation Index > Fetch the complete documentation index at: https://docs.assetinfinity.ai/llms.txt > Use this file to discover all available pages before exploring further. # Capex planning > A capital planning round — proposed schemes, checked against value bands, phased and approved before the money is opened. A capex plan is a planning round for capital spend: a division proposes schemes, each is categorised and checked, and what's approved is what a [budget](/finance/budgets) head should eventually be opened against. ## Plans and lines A plan sits at a level of the business — a division, typically — for a fiscal year, and holds lines: individual schemes, each asking for money and carrying its own category and priority. | Status | Meaning | | - | - | | **Draft** | Still being built | | **Submitted** | Sent up for review | | **Approved** | Signed off, in whole or in part | | **Consolidated** | Rolled into the figure a level up | | **Rejected** | Turned down | A scheme's **requested amount** and **approved amount** are different figures everywhere on this screen: a reviewer can cut a line, so the approved figure is null unless somebody typed a smaller one, and every total on the plan coalesces the two in that order. ## Categories and value bands Every line carries one of four categories — **Clubbed**, **Specified**, **Flexible** or **Project** — and which category a value falls into is decided by a **value band** configured per division. See [Configuring capex planning](/config/capex-planning). Before a plan is submitted, the screen surfaces what would otherwise only be discovered on submission day: * **Blocking exceptions** — a line that will be refused when sent, computed while the plan is still a draft. * **A line outside its division's value band**, a carry-forward pointing at nothing approved, or cumulative cashflow past the original sanction. ## Phasing Each measure — cashflow, capitalisation, book depreciation, tax depreciation — is phased across the plan year's own periods, plus a single figure for each of the following four years. Only cashflow is asked for that far out; the other three measures are phased within the plan year alone. Phasing is a crosstab: a save replaces one measure's whole row, so clearing a cell is the same act as filling one in. ## Approving and opening the money An approved plan with nothing turned into an opened budget head looks identical to one that's fully funded from the plan side — the screen flags it as **unfunded** precisely because that isn't visible otherwise. Turning approved lines into a budget head is a deliberate step on [Budgets](/finance/budgets), not something this screen does for you. Value bands per division, and the natures of investment a consolidated plan is sliced by.