Split Assets

Form ID: (FA506000)

On this form, you can divide an asset into two or more separate assets.

Form Toolbar

The form toolbar includes standard and form-specific buttons and commands. For the list of standard buttons, see Form Toolbar and More Menu. The form-specific commands are listed in the following table.

Button Description
Split Based on the options that you have specified, splits an asset into new separate assets.

Selection Area

In the Selection area, you can select the fixed asset you want to split and specify options for the split.

Element Description
Fixed Asset The fixed asset to be split into separate assets.
Cost A read-only box that shows the current cost of the asset that you have selected.
Quantity A read-only box that shows the current quantity of the asset that you have selected.
Split Date The date of the split. By default, this box contains the current date, but you can specify another date.
Split Period The financial period of the split. By default, this box contains the financial period that corresponds to the date, but you can select another period.
Depreciate Before Split

A check box that you select to depreciate the asset before splitting it.

This check box is available for editing only if the Automatically Release Depreciation Transactions check box is selected on the Fixed Assets Preferences (FA101000) form.

Table

You can use this table to define the percentage, quantity, and amount for the new assets being split from the fixed asset.

The table toolbar includes only standard buttons. For the list of standard buttons, see Table Toolbar.

Table 1. Table Columns
Column Description
Cost The base currency amount to be assigned as the cost to the new asset.
Quantity The quantity to be assigned to the new asset.
Ratio The percentage of the original asset cost to be assigned to the new asset.
Asset ID The unique identifier of the new asset.