Creating a physical location record for Fixed Assets
Use the Physical Location Setup window to define physical locations. Physical location information isn’t required to set up asset records in the Asset General Information window. However, use this window to set up physical location IDs.
Any location IDs you enter in this window first must be set up using the Location Setup window. For more information, refer to Creating a location record.
To create a physical location record:
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Open the Physical Location Setup window. (Financial >> Setup >> Fixed Assets >> Physical Location)
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Enter a physical location ID, and a description.
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Enter or select the location code for the physical location ID. Location codes entered in this window will appear as default entries in the Asset General Information window when you enter the corresponding physical location ID.
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You can enter a last inventory date. It will be updated when you reconcile your inventory using the Physical Inventory window.
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Choose Save.