You are viewing an old version of this page. View the current version.

Compare with Current View Page History

« Previous Version 11 Next »

Create New Vendor:

Purchasing (A/P) > Create > New Vendor "Vendor and Create New Entity" screen


Enter details in Create New Entity:

  • Name : Vendor-T38
  • Contact Name : Vendor-T38 Contact
  • Location Name : Vendor-T38 Location
  • Address : 12 Orchid Ave.
  • City : Duncan
  • State : OK
  • Zip Code : 73533
  • Country : United States



Go to Fixed Assetes > Activities > Fixed Assets "Should open Search Fixed Assets" screen



Click New button "Should open Fixed Asset" screen

Enter these information:

Details tab:

  • Asset Description: Truck-<unique no.>
  • Asset Group: V
  • Location: 0000 - Home Office
  • Serial No: T38-<unique no.>
  • Notes: Test Notes-T38
  • Date Acquired: Yesterday
  • Default placed in service: Today
  • Depreciation Method: <Created Depreciation in Create Depreciation Methods>
  • Default Cost: 100,000.00
  • Default Salvage Value: 10,000.00


Go to GL Accounts tab and set GL Accounts

Click Save button


Go to Depreciation Methods tab and verify information



In Depreciation Methods tab, add a record for booking of Tax

In a new row, add this record:

  • Book: Tax
  • Depreciation Method: <Created Depreciation in Create Depreciation Methods>
  • Placed in Service: Today
  • Cost: 100,000.00
  • Salvage Value: 10,000.00

Click Save button


Click Create Asset button

  • Should show this message:


  • Asset Status:





  • No labels