How to: Post Acquisition Costs from Insurance Journals
If you post an acquisition cost from a purchase invoice, you can link the fixed asset to an insurance policy by posting the acquisition cost from an insurance journal.
To post acquisition costs from insurance journals
In the Search box, enter Insurance Journal, and then choose the related link.
Fill in a journal line.
On the Home tab, in the Process group, choose Post to post the journal lines.
The entries from an insurance journal are only posted to the insurance coverage ledger.
Note
If the Automatic Insurance Posting field in the FA Setup window is not selected, posting from an invoice or a journal will create lines in the insurance journal according to your specification in the FA Journal Setup window for the depreciation book. In such case, you should use a template and batch without the document number series specified. This is because the document number from the original invoice or journal line will be copied to the insurance journal lines. These numbers cannot be used in the insurance journal if a document number series has been set up.
See Also
Tasks
How to: Define Default Templates and Batches for Depreciation Books
How to: Set Up General Default Values for Fixed Assets
Concepts
Insure Fixed Assets
Set Up Fixed Asset Insurance
Updating Insurance Information
Monitoring Insurance Coverage