Creating new assets from Creditor Invoice Entry

When you enter a creditor invoice, you can create a new asset if the classification code of the general ledger account that you select is fixed asset. In the following example, a motor vehicle asset is being created from the creditor invoice.

To create a new asset when creating a creditor invoice:

1. Create a new creditor invoice, including general ledger allocations. See Entering creditor invoices.
   The G/L Allocations tab of the Creditor Invoice Entry window is displayed.
   
2. Enter a description and asset type for the asset you want to create, if not already done.
   
3. Click .
   The Create New Asset - Create Asset window is displayed.
   
4. Enter key details about the asset. See Create New Asset - Create Asset window (creating).
5. Enter location details about the asset. See Create New Asset - Location window (creating).
6. Determine how the asset is linked to other assets, if applicable. See Create New Asset - Asset Type window (creating).
7. Link to other assets, if applicable. See Linking assets when adding or updating assets.