Skip to Content
May 20, 2016 at 03:07 AM

Fixed Asset adjustment with parts


Dear All

I would like to know which function to adjust the fixed asset value as following case.

I issue AP invoice to buy a truck (fixed asset item), then the capitalization document will be created automatically.

After few year, one of the tire is broken, and I buy a new tire for the truck. And replace the old one. The truck value become increase.

Should I use the AP invoice to buy a tire as fixed asset?

Should I retire this new tire and then use asset revaluation to adjust the truck?

What is the best method to handle this case?