Inventory / Asset Items

Hi All,
            There are few Items which are maintained in our DB as Fixed Assets, and now we want to use the same Item as Inventory also. So How do we maintain this. Below is the example of an Item with the senareo.
Item:  Wire, Fixed asset and Purchase Item Check Box ticked.  Maintained as Asset Item.
We Purchased this Item for the first time.
Purchased 10000 mtrs, which costed about Rs. 200000
Now we want purchase the same Item of 10 mtrs, which is costing us only  Rs 200.
It means that at the time of first purchase we are maintaining it as fixed asset and after that we are using it as inventory item.
Thankyou.

Hi,
My first question is this...
1.The item which you have created is checked as fixed asset alone?
2. Do u have any posting on that item if you had set as fixed asset checked and purchase item.
if so
for 1 Point -> if the second point is not there then you can simply change the fixed asset as inventory item checked and purchase item check also.
For 2. Point -> if you had done as said in the point 2 then you have create a new item and execute your scenario.
Regards

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