As per my study from Microsoft document and after creating test PO & Product receipt and Invoice. My Conclusion is below.
When you post a product receipt that has the Create a new fixed asset check box selected for a line, a new fixed asset is created that has a status of Not yet acquired. Then, when you post a vendor invoice with a new fixed asset, an acquisition transaction is posted for the new asset and the asset status changes to Open.
My question is how can i record acquisition of asset after creating product receipt before creating invoice.
As I received asset thru product receipt at 1 Jan and i will record its depreciation effective from 1st Jan. And the invoice issued by vendor at 1 June. So on 1st Jan asset status is “not yet acquired” therefore we are not able record its depreciation.