There are four methods for integrating Fixed assets and Accounts payable:

  • Manually create a fixed asset record in Fixed assets before you add the fixed asset number to the line in the purchase order or invoice. Post an acquisition transaction for the asset when you post the invoice. This is the default method.

  • Manually create a fixed asset record in Fixed assets before you add the fixed asset number to the line in the purchase order or invoice. Do not post an acquisition transaction for the asset when you post the invoice.

  • Automatically create a new fixed asset record when you post the packing slip or invoice that has the check box selected. Post an acquisition transaction for the asset when you post the invoice.

  • Automatically create a new fixed asset record when you post the packing slip or invoice that has the check box selected. Do not post an acquisition transaction for the asset when you post the invoice.

For more information, see About assets created from Accounts payable.

This topic discusses how to post acquisition and acquisition adjustment transactions from Fixed assets, which is useful if you do not post an acquisition transaction for the asset when you post the invoice. If you use the first or third integration method, you do not need to follow these steps because an acquisition transaction is posted from Accounts payable.

Process assets using acquisition or acquisition adjustment proposals

  1. Open a proposal form to create acquisition or acquisition adjustment transactions for fixed assets that are created from Accounts payable.

    • To create acquisition transactions, click > > > > > .

    • To create acquisition adjustment transactions, click > > > > > .

  2. Click .

  3. Enter query criteria to select assets that were invoiced.

  4. Click OKto create acquisition or acquisition adjustment transactions that you can post for the fixed assets.

See Also