Create an expense type for a fixed asset

You can create an expense type for a fixed asset. You can then use this expense type when requesting the fixed asset.

To create an expense type for a fixed asset

Choose , enter fixed assets, and then choose the related link.

The Fixed Assets page opens.
Select the fixed asset for which you want to create an expense type, and then on the action bar, choose Manage > View.

The Fixed Asset Card page opens.
On the action bar, choose Actions > Create Expense Type.

A dialog box appears and displays a message indicating that the expense type has been created.

The expense type number and the fixed asset number are the same.
To close the dialog box, choose OK.
To view the expense type card that was created for the fixed asset, choose , enter expense types, and then choose the related link.

The Expense Types page opens.
Select the expense type that you created, and then on the action bar, choose Edit.

The Expense Type Card page opens.
Review the expense type setup and make any changes as required.

Expense Type Category is configured on the Fixed Asset Setup page, on the Asset Management FastTab, in Expense Type Category.

Expense G/L Account No. is configured on the FA Posting Groups page for the respective fixed asset posting group in the Expense Type Account column.

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