I was able to setup a new asset in Version 10. It looks like the process changed in V11. I seemed to be in a loop trying to add a asset.
I have an asset category.
I create a new item that is a fixed asset.
I try to add a new asset for the fixed item and tells me i need a purchase receipt or invoice.
I try to create purchase receipt I get this message
Set Capital Work In Progress Account in asset category None or company
This is new in 11 and i don’t know how to setup.
I tried to create a purchase invoice and i get this message
Please set default Expenses Included In Asset Valuation in Company
Any help in clearing this up. Or the correct process of buying an asset and getting into the system.