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Asset Insurance Information - AM20.4
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Lawson S3 Financials
Asset Insurance Information - AM20.4
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LauraSantos
Basic Member
Posts: 16
6/14/2011 9:10 PM
We charge auto liability insurance to each of our locations based on the number of company vehicles they use. Right now, it is a manual process where someone will extract asset information from the AM module, group the vehicles by location and then create a spreadsheet to calculate the total liability insurance per location. They then upload the total using excel add-ins into a journal entry to charge the locations for the insurance. This is something they have to do each month.
Can anyone explain what the Insurance tab is used for on AM20.4? And do you know if there a way to use the information on that tab to automatically create a journal entry from AM to GL to charge the locations? Or is there another way to automate this process?
Thanks,
Laura
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