1 Reply Latest reply on Jun 28, 2010 7:18 PM by Karthik Gopaluni

    asset item

    user12121818
      hello dears,

      How to define an item as asset item? and it's P2P cycle from purchasing

      until cash payed?

      thanks,
        • 1. Re: asset item
          Karthik Gopaluni
          Hi,

          You can mention the item as inventory asset in the Costing Tab of the item definition. Based on the at what level this attribute is controlled, you have to navigate to the Organization/Master items form and enable the attribute.
          Basically this flag will decide on what Charge account is defaulted on the PO's and also what is the account (expense when not asset) during the transactions.

          I did not undertand your until cash payed? part of it.

          Thanks
          Karthik.