Hi there,
Wondering if anyone has any experience doing bulk asset transfers between companies.
For example, the current Transfer Assets screen (FA507000) only allows the transfer between branches or departments of the same company:
Instead, I’d like to transfer between two companies, e.g. ABRVL to ABSLL, and for multiple assets at a time.
My only thoughts on this would be to either:
- For single transfers, dispose of and then bring back the asset (at NBV) to the new Company (very cumbersome)
- In the case of multiple transfers, do the above one-by-one, or create a negative asset in the source company and then create a positive asset in the new company (looses asset information granularity, must be same asset class and depreciation %)
More often than not, we will be transferring multiple assets at a time. Additionally, given the number of moving parts for Fixed Assets, I was keen to hear from the community on the best practice.
Thanks very much.
