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Manufacturing - JDE1 (MOSC)

CONVERTING INVENTORY ITEM TO FIXED ASSET

Oct 28, 2018 5:47AM edited Oct 30, 2018 1:13PM in Manufacturing - JDE1 (MOSC) 4 commentsAnswered

Dear All ,

we buy freezers / oven from the supplier at cost and we give to the customer for use .

customer will return back the freezers / oven after completion of contract period .

we currently receive it as an inventory item and issue FREE OF COST to the customer while doing invoice .

but this process doesn't seems correct .

can anyone suggest me a good process where I can manage below points :

1. we want to issue freezers / oven to the customer on deliver note instead of FOC in the invoice

2. we want to record it as fixed asset and claim depreciation , because ownership still remains with the company.

0

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