You can post an acquisition cost to a fixed asset and link it to an insurance policy from a purchase invoice.
Open the Purchase Invoice window.
Fill in a new purchase invoice. Remember to fill in the Insurance No. field.
For Help about a specific field, click the field and press F1.
Note that the FA Posting Type and the Insurance No. fields are not included in the standard layout, but you can insert them with the Show Column function.
Click Posting, Post to post the invoice.
If you have not placed a check mark in the Automatic Insurance Posting field in the FA Setup window, the program will have created a line in an insurance journal. To create an insurance coverage ledger entry, you must post this journal.
Setting Up General Default Values for Fixed Assets
Filling In and Posting FA G/L Journals
Posting Acquisition Costs from Purchase Invoices
Linking Fixed Assets to Insurance Policies
Updating Insurance Information