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Fixed Asset Boxes in PO line for CAPEX orders

User Manual for Correct Purchase Group Assignment

Overview

To ensure costs are posted correctly to an acquisition account and not to inventory or job cost accounts, follow these steps to assign the appropriate purchase group for fixed assets.

Step-by-Step Instructions

  1. Review Purchase Part Settings:

    • Navigate to the purchase part settings.
    • Ensure the purchase group is set to the correct fixed asset object group.

  2. Verify PO Site:

    • Check that the PO is created for the correct site (e.g., PLANT).
    • If the PO is created for the wrong site (e.g., REHAB), it will need correction.

  3. Correcting a PO:

    • Cancel the incorrectly assigned PO.
    • Create a new PO with the correct site assignment.

Example Scenario

  1. Check Purchase Part:

    • For purchase part GDSMA in site PLANT, confirm the purchase group is set to P1614.

  2. Verify PO Creation:

    • If the PO was mistakenly created for REHAB, cancel it.

  3. Create New PO:

    • Generate a new PO for site PLANT to ensure correct cost posting.