Tracking assets in inventory (MMBE)
Is there some way to simultaneously track a material in inventory (via its serial number) and as a fixed asset for accounting purposes?
The scenario is the following:
1) create purchase orders for materials
2) perform goods receipts in plant/storage location A (serial number recorded for each material)
3) as required by the business, transfer materials to plant/storage location B (serial number recorded for each material)
4) At any point in time we must be able to know the quantity and serial numbers of all materials in plant/storage location A, and the quantity and serial numbers of all materials in plant/storage location B
5) At month end these materials should all be treated as fixed assets and have their depreciation calculated and posted