Use this activity to modify information regarding one or more fixed asset transfer and create the transactions.
Before the transfer of an object, the following must be completed:
Sending Company:
As a result of this activity, the object status is changed to Transferred and the Disposal Date in the Disposal tab will get the transfer date. The transfer date of the object cannot be prior to the latest acquisition event date of the object. If the object is connected to one or several books, then the disposal principle of the depreciation method per book determines whether depreciations with an event date later than the disposal date is allowed or not. The object transactions and accounting transactions are created with postings in connection with the transfer.
Receiving Company:
As a result of this activity, a new object will be created with the object status Active and the transfer date is set to the acquisition date depending on the transfer method. If Gross method is used, the acquisition date of the asset in the sending company will be set as the acquisition date. The historical balances of acquisition value, acquisition value adjustments and accumulated depreciations will be transferred to the receiving company according to the book mapping. If Sell method is used, the Acquisition Date in the General Tab will get the transfer date and the transfer price will be the acquisition value at the receiving end.