Supply Chain Management to Fixed Asset Management for Capital Expenditure

You can automatically create a fixed asset record whenever Certinia SCM posts a purchase invoice (PIN) for a capital equipment purchase order line to Certinia Accounting. This reduces the amount of manual data entry required, including the instances of errors that could occur when manually creating fixed assets.

When SCM posts a PIN for an accounts payable (AP) voucher related to capital equipment purchase order line, SCM publishes a message containing the equipment procurement details. Fixed Asset Management subscribes to this message and creates an asset record with a status of "New" for each piece of capital equipment. This occurs only if the Is Capital Equipment checkbox on the AP voucher line is selected. This checkbox is selected by default.

SCM Accounting Connector

As part of the SCM FFA Capital Expenditure Integration, the SCM FFA Connector triggers the population of the associated purchase invoice posting date field on the SCM AP voucher line when the purchase invoice is posted to Certinia Accounting.

Note: You must enable the SCM Capital Expenditure Integration feature before you enable the FAM Capital Expenditure Integration feature.