How to: Budget Acquisition Costs
To prepare a budget, you have to set up fixed asset cards for fixed assets that you intend to buy in the future. The budget fixed assets are set up as ordinary fixed assets.
To budget acquisition costs
In the Search box, enter Fixed Assets, and then choose the related link.
On the Home tab, choose New to create a new fixed asset card for the budgeted fixed asset.
On the Posting FastTab, select the Budgeted Asset field to prevent posting to the general ledger.
On the Navigate tab, in the Fixed Asset group, choose Depreciation Books to set up the FA depreciation books.
In the Search box, enter FA Journals, and then choose the related link to open the Fixed Asset Journal window.
Enter and post the budgeted acquisition cost. The FA Journal is used because budgeted assets are not integrated with general ledger.
See Also
Tasks
How to: Fill In and Post Fixed Asset Journals
How to: Set Up Depreciation Books
How to: Create Fixed Assets
How to: Buy Budgeted Fixed Assets
How to: Budget Disposals of Fixed Assets
How to: Budget Depreciation