Create an Asset Item or Equipment Item from a Release Order
Asset items and equipment items can be generated automatically in the Equipment hub from release order line items for blanket purchase orders.
Prerequisites: For the prerequisites that are required before asset items or equipment items are automatically generated from a release order, see the Creating Asset and Equipment Items from Purchase, Change, and Release Orders topic.
The following steps apply to blanket type purchase orders that have only one project for distributing the purchase order's costs. Enter the project on the Default Distribution tab of the Purchase Order form.
To automatically generate asset items or equipment items from line items from a release order:
This includes changing the asset status from Inactive to Active and entering an in-service date and other depreciation information before you can process depreciation. Optionally, you can associate and assign employees with asset items in the Equipment hub.