Saturday, May 4, 2019

Handling of asset proposal if an asset account is assigned to more than one asset type.

Scenario:

Asset Type A has Asset Account X associated to it.
Asset Type B has the same Asset Account X associated to it as well.

The user entered a Bill with Asset Account X as the Expense Account.

Question:
During Asset Proposal, how will the system assign the Asset Type for the Asset Proposal Record?

Answer:

--If during the Asset Proposal (Fixed Assets > Transactions > Asset Proposal), the user selected Asset A as the Asset Type and then click on "Propose New Assets" all the Transactions associated to the Asset Account under that Asset Type will be Proposed under Asset Type A. These Assets will no longer be available for proposal under Asset Type B.

--If during the Asset Proposal (Fixed Assets > Transactions > Asset Proposal), the user selected both Asset Types (Asset Type A and Asset type B) and then click on "Propose New Assets" the Transactions will be proposed under the Asset Type that is being listed first.

Note: There is an enhancement filed related to this topic wherein users will be able to specifically assign an asset type to the transaction record to be proposed and generated if multiple asset types have the same asset account (Enhancement Number 249875: Fixed Assets > Transactions > Asset Proposal > have the ability to assign asset type for the transaction record to be proposed and generated if multiple asset types have the same asset account).

 

 

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