Asset Purchase

Asset Purchase is the formal document issued to a vendor to confirm the purchase of assets from the vendor.  This is the starting point of the purchase process.

1. Main Menu > Accounting > Asset Management > Asset Purchase

2. Select “Add New: tab.

3. Select “Date”, “Vendor” and “Currency”. Click Continue.

4. Click Add.
   

5. Select Asset class. Input Asset name, Qty, Unit price, Estimated useful life, Estimated residual value and Description. Then click Add.
   

6. Click Update to save record.