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Former Member
Jun 12, 2011 at 08:24 PM

Tracking assets in inventory (MMBE)

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Hi folks,

Is there some way to simultaneously track a material in inventory (via its serial number) and as a fixed asset for accounting purposes?

The scenario is the following:

1) create purchase orders for materials

2) perform goods receipts in plant/storage location A (serial number recorded for each material)

3) as required by the business, transfer materials to plant/storage location B (serial number recorded for each material)

4) At any point in time we must be able to know the quantity and serial numbers of all materials in plant/storage location A, and the quantity and serial numbers of all materials in plant/storage location B

5) At month end these materials should all be treated as fixed assets and have their depreciation calculated and posted

Thanks,

Sebastian