Transferring assets

Use this procedure to transfer a whole asset or part of an asset.
  1. Select Manage Assets.
  2. On the Released tab, open an asset record.
  3. Click Transfer.
  4. Specify this information:
    Transfer Quantity
    You can override quantity of the asset.
    Transfer Date
    Select the effective date of the asset transfer. The asset's transfer date cannot occur before the asset purchasing date.
    Company
    You can override the company number.
    Tag Number
    Specify the tag number for the asset.
    Asset Group
    Select the asset group of the asset.
    Location
    Select the location of the asset.
    Division
    Select the division of the asset.
    Asset Type
    You can override a type and subtype of the asset.
    Asset Account Group
    You can override the account group of the asset.
    Asset Dimension Group
    You can override the transaction dimension group of the asset.
    Default Transaction Dimensions
    Specify the account information in the default transaction dimensions.
    Asset Owner
    Select the asset owner.
    Depreciation Expense
    Select the project for the depreciation expense.
    Asset
    Select the project for the asset.
  5. Click Next.
  6. Select whether to release the transfer, reset the transfer, or continue the transfer, leaving the asset in Progress status.