Fixed assets through Purchase Orders: avoiding inventory

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Posted on by AhmedFad

Hi Guys,

I noticed that acquiring a fixed assets through purchase orders, it will pass through the inventory (temporarily) as follows:

Receiving: to inventory account

Invoicing: to inventory account [and immediately in the same transaction will reverse the inventory transaction and issue a fixed asset transaction]

1. is this setup correct?

2. The issue here is that the system applies inventory costing (moving average / weighted average / ...etc) to the items, which changes the value of the FA in this temporary period.

3. is there a way to issue the FA on receiving instead of invoicing?

regards and thanks,

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Shijith.cxg 7 on at

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Fixed assets through Purchase Orders: avoiding inventory

Hi,

Create the asset first and use procurement category in PO with asset number in line details.

Configure posting profile in fixed asset module and in inventory posting profile for procurement category.

This setup will not take any valuation based on modal group.

I hope this will help.

Shijith
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Ramit Paul 22,572 Most Valuable Professional on at

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Fixed assets through Purchase Orders: avoiding inventory

Hi,

You can create Item Model group as Non stocked, I hope this will be resolved.
Morgan Bazin 67 on at

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Fixed assets through Purchase Orders: avoiding inventory

Hey,

Are you creating the asset from the PO, or is it already created?

This page from the documentation might help: Acquire assets through procurement - Finance | Dynamics 365 | Microsoft Learn