Rules for Transferring

You can indicate the transfer amount as a quantity or as a percentage. You can also transfer assets according to the location or account. The rules that apply to asset transfers are described below.

General transfer rules

The following general transfer rules apply:

  • Additional posting does not affect asset transfer.
  • No additional posting or economic recapture data transfers with an asset. Therefore, if you want to continue additional posting or economic recapture in the destination asset, you must process an adjustment for that asset or those assets.
  • The shift factor is not carried forward to the new asset, but is automatically reset.
  • Distribution memos are not copied into the destination asset.
Transferring assets

In the Asset Transfer (tffam1203m000) session, you can transfer by quantity or by percentage. You can transfer by percentage for an asset distributed by quantity, and you can transfer by quantity for an asset distributed by percentage.

If you transfer by percentage, you specify the percentage of the asset's total cost that LN must transfer. If you transfer by quantity, you specify the portion of the asset's total quantity that LN must transfer.

Note

If you transfer a group of assets through the Mass Transfers (tffam8211m000) session, you must transfer by percentage regardless of how the assets are distributed.

Quantity and percentage transfer rules:

The following rules apply to transfer by quantity and by percentage:

  • You cannot transfer more than the total quantity of the asset, and you cannot transfer a fractional quantity (such as 1.5).
  • For an asset with a total quantity of one, you cannot record a partial transfer. In a full transfer of an asset with a total quantity of one, LN sets the total quantity of the destination to one and the source to zero.
  • If you transfer by quantity for an asset distributed by quantity, the destination quantity you enter for each distribution line cannot exceed the source quantity of that line.
  • If you transfer an asset distributed by percentage by quantity, the sum of the destination quantities you enter for each distribution line cannot exceed the total quantity of the source asset, but otherwise bears no relationship to the percentage on each line.
  • If you transfer by percentage, the sum of the destination percentages you enter cannot exceed 100%, but can be less than 100%. For each distribution line, the destination percentage can exceed the percentage entered for the source asset.
  • If you transfer by percentage, the destination percentages you enter indicate the percentage of the source asset's total cost you want to transfer, not the percentage of the amount on each line that you want to transfer.
  • If you transfer a single asset by quantity, LN calculates the percentage that the quantity represents and applies it to the cost. If the resulting quantity is a fraction, LN rounds it to a whole number. The result of this calculation is the quantity that LN transfers.
  • In mass transfer, LN transfers the records in which all criteria are met and rejects the records that do not meet all the criteria.

For example, if you have an asset with a total quantity of four and a cost of 10,000, and you transfer a quantity of three, LN calculates that this percentage is 75%, and reduces the source asset's cost to $2,500. The destination asset gets a total cost of $7,500.

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