How to create Fixed Asset from Purchase order in ax 2012

From AX there is have an option with linking on Purchase order to Fixed Asset.

For example, when you purchase any materials may company will tell you those items have to convert into the Fixed Asset. In AX there is have option to link those orders to the fixed asset.

Before creating the Purchase order you have enable some setups from fixed asset module.

Fixed asset > Setup > Fixed asset Parameter > Fixed assets

From the Fixed Assets you have to choose the Purchase orders and you need to enable the Allow acquisition from purchasing. This is the option to change the orders to assets. After completion of the product receipt only mean then you need to enable the Create asset during product receipt or invoice posting option.

If you want to evaluate the asset before posting the order then you need to enable the check for fixed assets creation during line entry. Now you are ready to post the order.

Create the new purchase order as per your regular practice, after adding the line items. In bottom you can see the fixed asset tab, there you need to choose the new asset or existing asset.

 If the order is based on the new fixed asset option then after posting the Product receipt, new Asset has been created. You can check the fixed asset by right clicking on the menu. From fixed asset you can find the order transaction values, there you can see all the journal entries which is related to that Asset.