How to convert your inventory to asset
We have purchase inventory -i.e. Laptop.
Now in some case, we need to use the purchased product.
To convert the product inventory to Asset, you can follow below step =
1. Create Stock Adjustment OUT for the product that we are going to convert to Asset
2. Create Asset Purchase in Asset module - this will create a Bills transaction
3. Create Debit Note, choose the line level account to the account that already debited in step 1.
4. Make payment against Asset bills using Debit Note.
We have purchase inventory -i.e. Laptop.
Now in some case, we need to use the purchased product.
To convert the product inventory to Asset, you can follow below step =
1. Create Stock Adjustment OUT for the product that we are going to convert to Asset
2. Create Asset Purchase in Asset module - this will create a Bills transaction
3. Create Debit Note, choose the line level account to the account that already debited in step 1.
4. Make payment against Asset bills using Debit Note.
