After releasing a product, add the required data to complete the setup. This includes parameters for handling fixed assets during purchases or sales of business objects.

On the Rental section of the released product, set the following parameters:

• Auto convert asset sales:
  • Yes: A fixed asset to inventory journal is created automatically when you sell the business object.
  • No: No journal is created. You must post it manually.
• Auto convert asset purchases:
  • Yes: A fixed asset is created automatically when you receive the business object on the purchase order. The business object is categorized as Rental.
  • No: No fixed asset is created. The business object is categorized as Inventory and can't be used for rental.

Standard procedure

1.	Go to Product information management > Products > Released products.
2.	In the list, find and select the desired released product.
3.	Click Edit.
4.	In the Item model group field, type a value.
5.	Expand the Purchase section.
6.	You can enter a supplementary subrental group.
	In the Supplementary item group field, enter or select a value.
7.	Expand the Sell section.
8.	You can enter a supplementary rental group.
	In the Supplementary item group field, enter or select a value.
9.	Expand the Rental section.
10.	Set the Auto convert asset sales field
11.	Set the Auto convert asset purchase field.
12.	In the Fixed asset group field, enter or select a value.
13.	In the Default order line type field, select an option.
14.	Expand the Manage costs section.
15.	In the Item group field, enter or select a value.
	Note: If you create a kit, make sure that you always select a non-stocked item group.
16.	Click Save.
17.	Close the page.