You can post an acquisition cost to a fixed asset and link it to an insurance policy from a purchase invoice.

To post acquisition costs to insurance policies by using purchase invoices

  1. In the Search box, enter Purchase Invoices, and then choose the related link.

  2. Create a new purchase invoice. On the Home tab, in the New group, choose New. Fill in the fields. Remember to fill in the Insurance No. field.

    Important
    The FA Posting Type field and the Insurance No. field are available in the Purchase Invoice window, but not shown by default. For more information, see Customizing Role Center and Pages.

  3. Post the invoice.

Note
If you have not selected the Automatic Insurance Posting field in the FA Setup window, a line will be created in an insurance journal. To create an insurance coverage ledger entry, you must post this journal.

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See Also