Exercise - Purchase a fixed asset
This exercise is written to use the Cronus sample company from the US version of Business Central. You might need to make adjustments to the steps if you use the sample company from your country or region.
Scenario
After creating the fixed asset cards for a laptop and a monitor, you will post the acquisition cost through a purchase invoice.
The invoice details for the laptop are as follows:
Vendor: Fabrikam Inc.
Date: April 6, 2020
Vendor Invoice No.: F20-07865
Amount: 2,850.00 LCY
The invoice details for the monitor are as follows:
Vendor: Wide World Importers
Date: April 20, 2020
Vendor Invoice No.: 20W0129
Amount: 4,428.00 LCY
You're asked to enter and post both purchase invoices.
To accomplish this exercise, make sure that the Create a new fixed asset card and Set up a main asset and an asset component processes are complete.
Tasks
Enter and post the purchase invoices for the assets.
Steps
To complete this exercise, follow these steps:
Select the Search for page icon in the upper-right corner of the page, enter purchase invoices, and then select the related link.
Select New.
In the Vendor Name field, enter Fabrikam Inc..
In the Posting Date field, enter 04/06/2020.
In the Vendor Invoice No. field, enter F20-07865.
Expand the Lines FastTab.
In the Type field, select Fixed Asset.
In the No. field, select the drop-down menu and then select the fixed asset for the laptop.
In the Quantity field, enter 1.
In the Direct Unit Cost Excl. VAT field, enter 2850.
Select Posting > Post.
Select Yes.
Select New.
In the Vendor Name field, enter Wide World Importers.
In the Posting Date field, enter 04/20/2020.
In the Vendor Invoice No. field, enter 20W0129.
Expand the Lines FastTab.
In the Type field, select Fixed Asset.
In the No. field, select the drop-down menu and then select the fixed asset for the monitor.
In the Quantity field, enter 1.
In the Direct Unit Cost Excl. VAT field, enter 4428.
Select Posting > Post.
Select Yes.