Overview

The scenario includes the processes of assets acquisition. The standard purchasing process is applied to assets acquisition - receiving assets as goods to the warehouse and then reclassification to capital expenditure and fixed assets.

The value of the asset acquired is capitalized to the respective asset item (ready to use) or construction object (as part of a bigger asset). The asset purchased must be finally recognized as a fixed asset that starts the periodic depreciation of the asset value.

Acquisition of assets flowchart

Legend

- a process group the process belongs to

- a typical business process

- a typical E2E business process scenario

- a typical E2E business process cluster

Links to User Guide

• Create purchase orders for assets
• Carry out internal approval
• Follow up purchase order progress
• Create records in the asset catalog
• Process vendor invoices by purchase orders
• Consume inventory for CAPEX
• Perform initial recognition of fixed assets

Links to Setup Guide

• Items
• Distribution warehouse structure
• Basic warehouse operations
• Inventory consumption
• Basic purchase operations
• Transactions with fixed assets
• VAT accounting