Using CIP Assets in Lease Contract

 Dear All,

 I have a requirement where I need to use a CIP asset in a Lease Contract.

So in OLFM there are 2 options:

1. Create a new Asset by Providing an asset number & the extra configuration details with no CIP option there .

2. Check Re-leased Asset check box & browse for an Item asset available to Re-lease .

I tried to create a CIP asset through FA with owned status in order to use it as Re-leased asset but i couldn't find it at OLFM asset

configuration step.

Does anybody had a similar case experience about this?

Need your Help