Asset Purchased by Employee


An employee has just purchased a laptop (asset) on behalf of the company. Assuming the reimbursement is done via the Expense Claim cycle, what is best workflow to mark this laptop as an asset ???

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I have a suggestion for you… you can create your employee as a “Supplier”…
Next, you should do the regular Buying cycle with this Supplier (Purchase Order → Purchase Receipt → Purchase Invoice) Asset record will be created successfully and your employee will be under your “Creditors”… Next, you can manage the payments via Payment Entry or Journal Entry against this Supplier
This is just my suggestion to handle it in the best way possible and also maintains data integrity. :wink:

Thanks @jaichavan for the suggestion.

That was what I initially thought of doing. However, wont the employee be shown as a creditor in the Trial Balance report ??