You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Mass Addition of Assets from Payables,is only the item cost included in the cost of the assets?

Received Response

Regarding the example process:

1. PR/PO creation for 1,000,000.

2. Creation of landed cost estimates for 100,000.

3. Receiving of assets.

4. Invoice creation.

5. Upon running mass additions, only the item cost of the assets is transferred to the Fixed Assets Module.

1. Is it standard for the system not to include estimated landed costs in the total cost of the assets?

2. Then, upon invoicing for the actual landed cost, can the cost of the asset automatically update based on the actual invoice entered in the system? What is the process needed to perform this update?

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!