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Finance | Project Operations, Human Resources, ...
Answered

Fixed assets and asset management integration

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Posted on by 65

Hello,

In the Asset Management module, under the Assets tab, there is an option to link an asset with a specific fixed asset. While I don’t have extensive experience with the Asset Management module, we have a business scenario I’d like to clarify:

The company plans to invest in an asset, and the investment (e.g., an upgrade) will be processed through the Asset Management module—most likely via a work order.

My question is: Will the system automatically post the write-up adjustment using the posting profiles from the Fixed Assets module?

Additionally, does anyone have any tutorials or documentation related to the financial integration between these two modules and how to configure them correctly?

 

Thank you in advance for your help!

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  • Verified answer
    salman ahmad Profile Picture
    272 on at
    Hi there system don't support automatically posting from Asset management module to Fixed asset write up adjustment.
     
    However, you can create a new Project Group of Investment and that can be used to link with that asset or asset group once the workorder is closed you can eliminate the values from WIP to Fixed asset, and it will be posted as Aquisition adjustment.
     
    Hope you get the better idea for this!!

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