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    Fixed Asset Acquisition

    Uploaded by

    Islam Sultan
    This document provides steps for creating a fixed asset acquisition in an accounting system: 1) Create a purchase request and get approval. 2) Create a request for quotation, compare vendor quotes, and select the best one. 3) Create a purchase order, select the fixed asset tab, and mark it as a new fixed asset. 4) Post the purchase receipt and invoice to complete the purchase order. 5) Update the fixed asset details with an assigned number in the specified format.

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    Fixed Asset Acquisition

    Uploaded by

    Islam Sultan
    14 views4 pages
    This document provides steps for creating a fixed asset acquisition in an accounting system: 1) Create a purchase request and get approval. 2) Create a request for quotation, compare vendor quotes, and select the best one. 3) Create a purchase order, select the fixed asset tab, and mark it as a new fixed asset. 4) Post the purchase receipt and invoice to complete the purchase order. 5) Update the fixed asset details with an assigned number in the specified format.

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    Fixed Asset Acquisition

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    This document provides steps for creating a fixed asset acquisition in an accounting system: 1) Create a purchase request and get approval. 2) Create a request for quotation, compare vendor quotes, and select the best one. 3) Create a purchase order, select the fixed asset tab, and mark it as a new fixed asset. 4) Post the purchase receipt and invoice to complete the purchase order. 5) Update the fixed asset details with an assigned number in the specified format.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    14 views4 pages

    Fixed Asset Acquisition

    Uploaded by

    Islam Sultan
    This document provides steps for creating a fixed asset acquisition in an accounting system: 1) Create a purchase request and get approval. 2) Create a request for quotation, compare vendor quotes, and select the best one. 3) Create a purchase order, select the fixed asset tab, and mark it as a new fixed asset. 4) Post the purchase receipt and invoice to complete the purchase order. 5) Update the fixed asset details with an assigned number in the specified format.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 4

    Create a Fixed Asset Acquisition

    Step 1: Create Purchase Request:


    1. Accounts Payables -> Common Forms -> Purchase Requisition Details

    2. Submit the purchase request for approval . 3. The approval level should approve the PR.

    Step

    : Create Request !or "uotation:

    1. Accounts Payables -> Common Forms -> Request !or "uotation Details

    2.

    Send quote to vendors and compare and select best quote.

    3. Submit to create purchase order automatically.

    Step #: Create Purchase order:


    1. Accounts Payables -> Common Forms -> Purchase $rder Details

    2. Select fixed asset tab.


    2 FI .2!!!."! # FI$%& 'SS%T '()*ISITI+

    3. Mark new fixed asset check box. 4. Select fixed asset group. 5. Post purchase order. 6. Print purchase order and send to vendor.

    Step %: Post Purchase Receipt:


    1. Accounts Payables -> Common Forms -> Purchase $rder Details -> Postin& -> Pac'in& Slip 2. Post Packing Slip

    3 FI .2!!!."! # FI$%& 'SS%T '()*ISITI+

    Step (: Post Purchase )n*oice:


    1. Accounts Payables -> Common Forms -> Purchase $rder Details -> Postin& -> )n*oice 2. Post nvoice 3.

    Step +: ,pdate Fixed Asset Details:


    ,. -eneral .ed&er > Common Forms > Fixed Assets Details !. "ixed #sset nu$ber as (01001) it $eans: 01 %fixed assets group& 001 %serial nu$ber&

    , FI .2!!!."! # FI$%& 'SS%T '()*ISITI+

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