Transfers (AM30.1)
Use Transfers (AM30.1) to process individual asset and partial item transfers.
You can accomplish the asset transfer process either by individual asset or in mass. Mass asset transfers are done in a two-step process. You select assets using Mass Transfer Selection (AM35.1). You release or update mass asset transfer selections using Mass Transfers (AM135). Select the Books tab to define the book you will transfer the asset from and the book the asset will transfer to.
Processing Effect
If you transfer from a book with a different currency than the book you transfer the asset to, the asset basis, or cost, and the YTD and LTD depreciation translation is done at the exchange rate of the currency on the `from' company book to the currency on the `to' company book.
More Information
If you select P (Partial) in the Transfer field, the program navigates to Items (AM30.2). You can then select the items involved in the transfer and indicate the quantity to be transferred to each item.
The default accounting unit is required when any of the accounting units are not defined on the to-accounting unit group being used. This accounting unit is used to fill in any blank accounting units not defined by the accounting unit group.
Once you start the transfer and select the items (in the case of a partial item transfer only), the program navigates to Journal Entries (AM30.3), the general ledger entry program where you can add, change, or accept system-prompted entries. The general ledger date defaults from the transfer date. Once you have transferred assets, you can release (update) them either online using this program or in mass using Processing Release (AM170).
If you release transactions that include user analysis values, complete the Strategic Ledger Processing cycle to analyze profitability. Use Error Transaction Edit (SL40.1) to view and correct transaction errors and Strategic Ledger Transaction Analysis (SL90.1) to display transactions.