Procurement - EBS (MOSC)

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Can a purchased item be an inventory item and then be capitalised as a fixed asset ?

edited Feb 20, 2016 4:02AM in Procurement - EBS (MOSC) 3 commentsAnswered

Can a purchased item be an inventory item and then be capitalised as a fixed asset ?

In other words can we set the inventory AP accrual account to the asset clearing for the inventory items?

Thank you

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