Create a new item as a fixed Asset then i want to purchase this item .tell me the procedure
An "asset account" must be defined in the Business
Partner master data, under the Accounting tab.
If you don't select one, you will not be allowed to purchase an asset
Please also refer to note 738922 as below:
Cannot add AP invoice with fixed assets
[OACT], 'No matching records found' G/L Accounts' (ODBC -2028)
Reason and Prerequisites
Assets account is not defined
Follow the steps below:
1. Administration -> Definitions -> Financials -> G/L Account
2. Tab "Purchase"
3. Click on the radio button beside "Accounts Payable"
4. Define an Assets Account
5. Save and update
Wish the information above is useful for you.