To Mass-Transfer Fixed Assets

You can transfer fixed assets by using the Transfer Assets (FA507000) form.

To Transfer Multiple Assets

  1. Open the Transfer Assets (FA507000) form.
  2. In the Transfer Date box of the Selection area, select the date when you want to make the transfer.
  3. In the Transfer Period box, select the effective financial period of the transaction.
  4. Optional: In the Reason box, specify the reason for the transfer.
  5. In the Asset Transfer From section, specify the selection criteria for the assets you may want to transfer:
    1. In the Branch box, select the branch from which you want to transfer assets.
    2. Optional: In the Department box, select the department from which you want to transfer assets.
    3. Optional: In the Asset Class box, select the asset class of the assets to be transferred.
    Note: To transfer the assets only from one branch to another, leave the Department box blank.
  6. In the To section, specify the location to which you want to transfer assets:
    1. In the Branch box, specify the destination branch.
    2. Optional: In the Department box, specify the destination department.
    3. Optional: In the Asset Class box, select the asset class from the list of classes specified in the destination branch that will be assigned to the transferred assets.
    Note: To transfer the assets only from one branch to another, leave the Department box blank.
  7. In the table, select the check box for each asset you want to transfer.
  8. Click Prepare on the form toolbar.

    This opens the Transfer Transactions (FA642000) report, which displays the transfer transactions for the selected assets.

  9. Release the resulting transactions by following your company's workflow. For more information, see To Release Fixed Asset Transactions.