How You Create Warranty Contracts During Asset Purchase

Use purchase orders to buy an Item from a supplier in an organization. If the item is set up as asset-tracked, then the asset will be created when it's received.

During creation, the asset may also have one or meters instantiated. After it’s created, you can validate the asset with a a scheduled process to determine if you should create one or more warranty contracts as well. This process will look for warranty coverages where the purchased item and, optionally a supplier, have been defined. If matching items are found, new contracts will be created for each coverage with the indicated contract status. You then can review the newly created contracts, and edit if necessary.