Transfer capital items to the fixed asset (India)
This procedure walks you through transferring a capital item by issuing inventory items to the Fixed assets journal. The demo data company used to create this procedure is INMF.
Create Inventory journal for assets transfer
- Go to Inventory management > Setup > Journal names > Inventory.
- Click New.
- In the Name field, type a value.
- In the Description field, type a value.
- In the Journal type field, select an option.
- In the Voucher series field, enter or select a value.
- In the Reservation field, select an option.
- In the Detail level field, select an option.
- Click Save.
- Close the page.
Create capital fixed asset
- Go to Fixed assets > Fixed assets > Fixed assets.
- Click New.
- In the Fixed asset group field, enter or select a value.
- In the Name field, type a value.
- Click Save.
- Close the page.
- Close the page.
- Go to Fixed assets > Journal entries > Inventory to fixed assets journal.
- Click New.
- In the Name field, enter or select a value.
- Click OK.
- Click New.
- In the list, mark the selected row.
- In the Fixed asset number field, enter or select a value.
- In the Item number field, enter or select a value.
- Click the Inventory dimensions tab.
- In the Site field, enter or select a value.
- In the Warehouse field, enter or select a value.
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