MB6-702 · Question #92
Which two documents can you use to set up fixed asset acquisitions? Each correct answer presents a complete solution.
The correct answer is A. Free text invoice D. Purchase order. A: The integration of Fixed assets with Accounts receivable uses posting profiles that are set up in Fixed assets. These posting profiles are activated when a fixed asset, value model, and fixed asset transaction type are selected for a customer invoice before the customer…
Question
Which two documents can you use to set up fixed asset acquisitions? Each correct answer presents a complete solution.
Options
- AFree text invoice
- BInvoice journal
- CSales order
- DPurchase order
How the community answered
(31 responses)- A77% (24)
- B10% (3)
- C13% (4)
Explanation
A: The integration of Fixed assets with Accounts receivable uses posting profiles that are set up in Fixed assets. These posting profiles are activated when a fixed asset, value model, and fixed asset transaction type are selected for a customer invoice before the customer invoice is posted. Because fixed assets are not part of Inventory management, you must use the Free text invoice form when you sell a fixed asset. D: Fixed assets can be integrated with General ledger, Inventory management, Accounts receivable, and Accounts payable. You can also set up Fixed assets so that it is integrated with purchase orders. You can enter Fixed assets transactions in the Free text invoice form.
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