Item to Fixed Asset

johnnyc313

Hi,

We have a customer who sometimes take an item from their stock and make it a fixed asset. In the old system they set up another company called Hire Dept and would "sell" the item to this Company. They would then create a new Fixed Asset.

Is there any way that Navision can deal with taking an item from your own stock and making it a fixed asset?

Thanks in advance..


JohnnyC

Kowa

You can sell these items ( with an own posting group/VAT posting Group to handle the resulting revenue/VAT postings) and close the resulting cust. ledger entry balancing a new account and then create the fixed assets, but that way you will change the item statistics.

Usually it is more advisable to post a negative adjustment in an item journal ( preferably with an own batch name and reason code), do a manual G/L posting balancing this account and then fill in the fixed asset card for the item.