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What is the real life use case for parent-child fixed asset since there's compound asset already?

If we have expenses to be capitalized as part of the fixed assets AFTER the purchase, how can we add that to the original fixed asset value which is composed of just the purchase price?

I don't think there is one really.  Compound Assets are a fairly new feature though, so I'm guessing they just left Parent-child in for now so it doesn't blow up people using Parent-Child.

For adding expense after, this is where FAM really falls down.  Once the asset is in service, there's not a great way to do it.

You can just manually update the asset value, but that doesn't generate any entry back to the GL.  If you put in the GL entry (or vendor bill or whatever) first and hit the FA account, you can't append that value to an existing asset, the system would try to make you create a new one.

I think most people do just update the value though, even though it's really easy for your GL and FAM to get out of sync that way.

I'm thinking of just forcing the additional expense as a component of a compound fixed asset where the main one is the original FA.