Any opinions on this yet? Other Sage products seem to have add-ons written that cater for this, but not X3.

Hi Ben,

Have you tried to use an item with the capitalization setup option? (Common Data > Products > Products >>> Tab "Financials" > Section "Fixed Assets" > Field "Capitalizable")

Regards,

Susana.

Thanks Susana. I'm testing this option to see exactly how it behaves. It looks promising.

I should have elaborated. Investigating the 'capitalisable' (pardon my Australian spelling) option has led to a possible solution for fixed asset hire. I was looking for a way to put a fixed asset number directly on to a loan order, but this seems to look at the system the wrong way. What we actually need to do is maintain a clear link between a fixed asset number and a stock line. With serial number control, we should be able to do this.

Thanks again for your help Susana.

Please let me know if you find a way.  I have a prospect who wants same , to do loan shipments of their assets.   There is also no Lease Out option in X3 FA.

Yes we did find a way. We went with a solution developed by our Sage Business Partner at the time. It involved using loan orders and setting a billing period ie. daily, weekly, fortnightly, or monthly. This billing period would then be used by a customised invoicing program outside of the normal sales order and delivery invoice process. We customised the program further to allow us to invoice at the end of each month.

Setting up the solution involves creating a sales price list that contains daily hire rates, creating a miscellaneous table that contains the billing periods, and creating several custom database tables. It is now working well and has been for almost 3 years.

Hi Bbarnes, I know this is a few years later. Do you know who the BP is that developed this solution. Thanks Martin

Hi Martin,

Yes - it was Enabling, a company in Australia. They have since sold the X3 part of their business to MicroChannel, which is our current X3 BP. Someone at MicroChannel may be able to help you.

Regards,

Ben.