Exercise – Set up a warranty
Your company has acquired a new blender (BLN-101) that comes with a two-year warranty. You need to add the warranty information and then associate the asset type to the warranty. Go to Asset Management > Setup > Assets > Warranty, select New, and then follow these steps:
- In the Warranty field, enter 2 YR.
- In the Name field, enter 2 year warranty for a description.
- Select Save to save this information.
- On the Warranty lines FastTab, select Add line. The Line field automatically enters a sequential number. In this case, the number will be 01 because you are adding a new type of warranty.
- In the Period field, select Year from the drop-down menu.
- In the Interval field, enter the number 2 to reflect that this is a two-year warranty.
- In the Percent field, enter 100 percent for this warranty.
Now that you have created the warranty agreement, you need to associate it to the blender asset type.
- Go to Asset Management > Setup > Asset types > Asset types.
- Select Blender from the list of assets and then select Asset type defaults from the top menu.
- When the Asset type defaults page appears, select Edit.
- On the General FastTab, go to the Vendor warranty drop-down menu and select 2 YR.