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Former Member
Apr 17, 2008 at 09:56 AM

Transfering Assets from one Plant to another Plant



My client is trying to transfer few assets from one plant to anotherplant.

What they did is, create a sub number of the original asset and tried to transfer it to the new plant. Well, that is happening (in the test system) is that ½ of this years depreciation is going to the originating company in January and the new asset is staring to depreciate in July. I think that this is happing because of the period control (Transfer - Mid year).

What the client is depreciation should start in January for the new cost center (1 sub number).

Can you please share ideas.

Thanks & regards,