To transfer an asset go to Navigation: SAP Easy Access-> SAP Menu -> Accounting -> Financial accounting -> Fixed Asset -> Posting -> Transfer -> Intercompany Asset Transfer Alternatively: Transaction code ABT1N. It is assumed that the reader has, at the very least, a basic knowledge of Asset Accounting. You define transfer variants, both for intracompany and intercompany transfers, in Customizing for Asset Accounting Overview ... After the intercompany asset transfer, during which a new asset master record was created in company code AA15, the Asset Explorer shows the following transactions: Figure: Asset Transactions. Click on Save if the transaction looks fine. Õ If it is not possible to use automatic transfer posting because of these restrictions, you have to manually post a retirement and then an acquisition to carry out the transfer. You find the Customizing steps for making these settings (for both types of transfer) by choosing Full transfers can be posted in a single step (prior-year asset acquisitions and current-year acquisitions together). You configure the transfer of capitalization and depreciation dates, as well as the transfer of field contents from the sending to the receiver asset, in Customizing for The end to end process of fixed asset transfers involves configuration settings as well as user frontend activities. 9) Press “Simulation” button      to simulate transfer document creation. Otherwise, you may repeat steps above and simulate it different transfer parameters. 11) If it is everything ok after that, you may execute the transfer by saving it. Note- If the G/L accounts are incorrect, then you will need to change the account determination configuration. If the net book value in the transferor company is a reasonable approximation to the market value, so be it - otherwise, you are likely to have a profit on SOFA in the accounts and a balancing charge in the capital allowances. The same applies to revaluation keys. SAP recommends that you create your own transaction types in the customer name range, using the standard transaction types as references. From a non-tax comprehensive financial accounting perspective the intercompany transfer is ignored as the parent, Alphabet One Inc., has merely transferred an asset within the unitary business. *Regarding transfer variant, review page How to update a 'Transfer variant' ? You settle an asset under construction and transfer it to a finished asset. Splitting an Asset (Intracompany Asset Transfer), Settlement of an Asset under Construction, Processing a Goods Issue from the Warehouse. 3)     In topic Interco. Know that each one would balance to the total in the separate inter company account Transfer posting from one fixed asset to another within the same company code can be carried out in one step. Additional details Use this tcode to carry out inter-company asset transfers (between company codes). 2)     Fill out Fields Document Date, Posting date and Asset Values Date. You will see two transactions being posted. You can create additional transaction types or change existing ones in Customizing for Changes in Organizational Structure . Refer to this guide if you want to configure asset accounting. 3) In topic Interco. The same conditions apply for both types of transfer (intracompany and intercompany) regarding field transfer and adopting specifications for capitalization and the depreciation start date. For the individual companies, an inter-company transfer represents a retirement for the one company and an acquisition for the other. Partial transfer The login page will open in a new tab. You split up an asset or move part of an asset (transfer from asset to asset). The purpose of this page is to clarify the understanding of the system logic and requirements in relation to Intercompany asset transfer through transaction code ABT1N. tab page). You can create a new asset within the transfer posting transaction, or you can transfer to an existing asset. . Below is a more detailed listing of what you need to fulfill these prerequisites: Each depreciation area of the sending asset, for which the system determined a retirement amount, also has to be managed in the target asset. Please log in again. Õ Each non-dependent depreciation area in the target asset also has to be managed in the sending asset. Õ . (choose . Equipment, patents, franchises, buildings, and other long-lived assets can be involved. Copyright 2020 SAPSHARKS, all rights reserved. Choose New Asset if you want to create a new asset that you are transferring to. Click on simulate after entering all the info. Since you cannot change the asset class in the asset master data, you have to transfer the asset to a new master record. You configure the transfer of capitalization and depreciation dates, as well as the transfer of field contents from the sending to the receiver asset, in Customizing for Asset Accounting.Intracompany transfers (within a company code) use transfer variants and field transfer rules, as do intercompany transfers. The system default for intracompany transfers is always transfer variant 4 ( Automatic Intercompany Asset Transfers Intracompany transfer may be necessary for one of the following reasons: An asset was created in the wrong asset class. FI Transactions ... 199991: Affiliated Companies Clearing, Fixed Assets. SAP supplies standard transaction types for intracompany asset transfers. However, for partial transfers, you have to post prior-year acquisitions and current-year acquisitions separately. If ordinary depreciation is calculated for a depreciation area of the sending asset, the corresponding area in the target asset also has to calculate ordinary depreciation. For intracompany asset transfers, the system determines the transaction types from the transfer variant, the same as it does for intercompany (cross-company code) asset transfers. Origin For more information, see For information on intercompany asset transfer to a different company code within a corporate group, see 1- A retirement in the sending company code. Settlement of an Asset under Construction 5) If it is not a complete transfer from sending asset to the receiving asset, set parameters in tab “Partial Transfer”. Õ The following paragraphs and screen shots will describe an EXAMPLE in steps of an Intercompany asset transfer and the functionality of the main fields and buttons.

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