How to Add Purchase Information to an Asset?

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Each asset in the system can have the details about its financial aspects that can be referenced by the users to carry out operations. Financial Information section contains these details of each asset like PO Number, Purchase Date, Delivery Order and more.
To add purchase information of an asset, follow the steps given below.
1. Navigate to Assets Management.

The Assets Management page will be displayed.

2. Navigate to Financial Information

3. Enter the PO number for the asset in the PO # text entry box. PO stands for Purchase Order and this number can be used for auditing and accounting purposes and to track payments.
4. Enter the purchase date for the asset in the Purchase Date text entry box.
5. Select the currency of the asset from the Currency dropdown list. Currency depends on the country and the market-type the product being purchased from or shipped to. You can choose a currency type from the dropdown menu list.
6. Select the status of the asset from the Status dropdown list. There are various different types of status and you can select the appropriate one based on the asset being defined. For example, if the asset operation is over, then choose the option, If the asset is still in the middle of a purchase or shipping, then the status can be chosen as Open.
7. Enter the cost of the asset in the Cost text entry box.
8. Enter the total quantity of asset in the Total quantity text entry box.
9. Select the unit of the asset from the Unit dropdown list.
10. Enter the delivery order number for the asset in the Delivery Order # text entry box.
11. Enter the delivery order date for the asset in the DO Date text entry box.
12. Enter the actual date received for the asset in the Actual Date Received text entry box.
Scroll down for more options.


13. Enter the invoice number for the asset in the Invoice # text entry box.
14. Enter the invoice date for the asset in the Invoice Date text entry box.
15. Enter the cheque or payment reference number for the asset in the Cheque/Payment Reference # text entry box.
16. Enter the cheque or payment reference date for the asset in the Cheque/Payment Reference Date text entry box.
17. Enter the voucher number for the asset in the Voucher # text entry box.
18. Enter the voucher date for the asset in the Voucher Date text entry box.
19. Click Save.
The financial information will be added to the asset.

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