Assets Transfer

PROGRAM CHARTER DOCUMENTTransfer within Company Code T Code: ABUMN When you want to transfer asset purchased from one asset class to another or in case of sub numbered assets, you want to transfer from one sub number to another within the same class of asset within the company code, you can use transaction ABUMN. Navigation Path : Accounting Financial Accounting Fixed Assets Posting Transfer ABUMN Transfer within Company Code In command field enter the T Code ABUMN. Following screen appears.

For transfer of single asset Enter the following details: 1. Asset Number and the sub code 2. Document Date 3. Asset Value Date (Date from which you would like to effect the change in the system) 4. Text 5. Transfer to (a) if existing asset, give the number; (b) if new asset, create the new asset from this screen itself instead of going to AS01. Now the screen will appear as follows:

Now select the tab Additional details. Following screen appears. Always select Gross Method.

Now select the tab Partial Transfer. Following screen appears. If you dont want to transfer full asset then you can enter either amount or percentage or quantity to be transferred. Here we will do complete transfer. Hence leave these fields blank. If the asset to be transferred is acquired in the earlier years, click on the radio button for prior-year acquis. and if the same is acquired during the current year, click on the radio button From curr.-yr acquis.

If you want to add long text, click on the Note tab.

Now you have to simulate the transaction before you post it. Click on the simulate icon on the application toolbar.

The following screen appears. Please note that depreciation is also transferred to the new asset class and accumulated depreciation.

Now post the entry by clicking on the post icon on the standard toolbar. The following message appears on the screen.

For transfer of multiple assets When the initial screen appears, click on the multiple assets icon tool bar. on the application

The following screen appears. Enter the details of Document Date, Posting Date, asset Value Date, Text and the asset along with sub number to be transferred. Now click on Subnumbers

List of assets and sub numbers will appear as below.

If you do not want to transfer any of the assets then that lines can be removed. Click on the tab on the extreme left of the line item and then click on delete icon in the bottom row.

The following screen appears. Click on continue button.

Now enter the asset number and sub number to which you want to transfer these assets to.

After you simulate the transaction, following screen appears.

Save the transaction. Following message appears on the screen.

Inter Company PROGRAM CHARTER DOCUMENTTransfer

T Code: ABT1N When you want to transfer asset purchased/ Asset Under Construction from one company Code to another company code, you can use transaction ABT1N. Navigation Path: Accounting Financial Accounting Fixed Assets Posting Transfer ABTIN Inter Company Asset Transfer

Double Click the transaction. Choose the icon . The following screen appears. Change the company code as required. Here we will transfer asset from Company Code 1000 to Company Code 2000.

Enter the details of asset number, sub number, document date, posting date, asset value date, text, transfer to company code and asset in the new company code.

If you want to create new asset from this screen, click on the radio button next to new asset. Click to create new Asset in receiving Company Code

The following screen appears. Enter the details of asset Class, Description, cost center.

Click on screen.

for Additional Data for the New Asset. You will be directed to AS01

After entering all the details, click

or F3 to go back to original screen.

All other tabs of ABT1N : Additional details, Partial Transfer and Note are similar to as explained in T Code ABUMN. Now simulate the transaction. Follwing screen appears. Please note that one entry is generated in transferor company code (here company code 1000) and other entry in transferee company code (here company code 2000). The G L account 251900 is automatically used by the system as inter company transfer account.

Now post the entry. Two separate document numbers are generated by the system.

For Inter Company Code (Inter Profit Centre) transfer, Cost Centre needs to be changed in Master Data of the Asset

Menu Path Transaction Code 1. Double Click on AS02 Asset

Accounting Financial Accounting Fixed Assets Asset Change AS02 Asset AS02

Select the Asset which is to be transferred and Click

for further process

Select Time Dependent Tab

Click

for change the Cost center, you will find following window

Click

to enter new Cost Centre, again new window will pop up for date

Click

following window will appear

Enter Cost center where asset to be transferred, then post