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How to: Buy Budgeted Fixed Assets

When you post the real acquisition cost, in either the FA G/L journal or the FA journal, you enter the number of the budgeted asset in the Budgeted FA No. field. This will post an acquisition cost with an opposite sign for the budgeted asset. This means that the total acquisition cost on the budgeted asset is the difference between the budgeted and the actual acquisition cost.

To buy budgeted fixed assets

  1. Set up a new fixed asset card.

  2. In the Search box, enter FA Journals, and then choose the related link.

  3. In the Fixed Asset Journal window, fill in the fields.

    In the FA Posting Type field, select Acquisition Cost.

    In the Budgeted FA No. field, fill in the number of the budgeted asset.

  4. On the Home tab, choose Post to post the entry.

See Also

Tasks

How to: Create Fixed Assets
How to: Budget Acquisition Costs
How to: Budget Disposals of Fixed Assets
How to: View Projected Disposal Values
How to: Fill In and Post Fixed Asset Journals
How to: Set Up Posting Types

Concepts

Acquire Fixed Assets