| # Mass Transfers (tffam8211m000) Use this session to transfer a range of assets. Here, you indicate the transfer method and specify the destination information. In addition you enter criteria to identify the group of assets to be transferred. If you leave a Criteria field empty, LN only performs the transaction on all assets that match entered criteria. For example, if you leave the Category field empty, LN then performs transactions on all assets that meet the criteria you specified, regardless of the category of the group of assets. With mass transfer you can transfer a large number of assets at once. You can mass transfer assets at any point after they have been capitalized. In a transfer, assets move from the one category/asset to another. For each asset book, LN first validates whether a transfer is possible. You can transfer all or part of the selected assets. In a full transfer, LN transfers the total quantity of all selected assets to the destination asset. In a partial transfer, LN transfers a portion of each asset to the destination asset and leaves a portion in the source asset. All other options for mass transfer are identical to single asset transfer. Related topics Transferring Mass Assets Rules for Transferring Transferring Assets Transferring Vintage/Group Accounts Asset Number The asset number and asset extension create a unique identifier for the asset in the selected company. Asset Extension The asset number and asset extension create a unique identifier for the asset in the selected company. Category If you want to transfer assets that share a category, specify the range of categories. Default Subcategory If you want to transfer assets that share a subcategory, specify the range of subcategories. Asset Book Identifies the book associated with the asset. Book codes permit you to define the books used by assets to record transactional data. Each asset must have at least one asset-book relationship. You specify the range of books associated with the assets on which you want to perform the mass transfer. Group You specify the range of asset group codes associated with the assets on which you want to perform the mass transfer. ITC Method You specify the range of investment tax credit (ITC methods) associated with the assets on which you want to perform a mass transaction. Automobile You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. Listed You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. New You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. Depreciation Code The depreciation system according to which depreciation, value reduction, revaluation, and so on are calculated. You specify the range of depreciation codes associated with the assets on which you want to perform the mass transfer. Prop. Type You specify the range of property type codes associated with the assets on which you want to perform the mass transfer. Vintage/Group Account You specify the range of ADR vintage or MACRS group accounts associated with the assets on which you want to perform the mass transfer. Service Date You specify the date range an asset was placed into service for the group of assets on which you want to perform the mass transfer. Default value Current date. Current Quantity You specify the range of current asset quantities shared by the assets on which you want to perform the mass transfer. Net Book Value The purchase value of an asset added with all revaluations and subtracted with all depreciations, adjustments, and reductions to the purchase value. The book value can be used as a base for the depreciation calculations. You specify the range of net book values shared by the assets on which you want to perform the mass transaction. Net Book Value One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies Financial Company You specify the distribution company for the assets on which you want to perform the mass transfer. There must have a valid intercompany relationship for the selected company. Location You specify the location account associated with the assets on which you want to perform the mass transfer. You might have up to eight location segments set up which define the physical location of an asset. Transfer Date Date on which the transfer takes effect. Reason Enter a reason code of the Transfer reason type for the new transfer transactions. Reason codes are maintained in the Reasons (tffam6550m000) session. You can look up the reason code of a transfer transaction in the Capitalization/Transfer - Details (tffam8510s000) session, a subsession of the Asset Book Transaction Inquiry (tffam8501m000) session. Reason The description or name of the code. Transfer Percentage Percentage of the distribution lines for the selected assets you would like to transfer. Suppress Journal Entries If this check box is selected, journal entries are not created in the General Ledger module for this transaction. Reverse Depreciation If this check box is selected, LN reverses the accumulated depreciation for the year if you transfer the asset in the same fiscal year as the asset's acquisition. This option does not apply to intercompany transfer. Print Error Report If this check box is selected, an error report is printed. Source Financial Company The company from which the group of selected assets will be transferred. Default value The company in which you entered the asset in the Assets (tffam1500m000) session. Target Financial Company The company to which the group of selected assets will be transferred. You can enter a company if: More than one financial company belongs to the current group company. You defined intercompany relations between the companies in the Inter-Company Relations (tfgld0515m000) session. Otherwise, the destination company is the same as the source company. Source Category A classification or division of items. The classification can be by form, fit, or function. Identifies the asset you are transferring. Destination Category A classification or division of items. The classification can be by form, fit, or function. Default value The current category for the source company for in-company transfers; otherwise, the field is empty. Identifies the destination of the asset you are transferring. Dest. vintage/group You specify the vintage or group account to which any assets currently in an account must be added on the destination company. The selected assets must have the same life, frequency, method, and depreciate below salvage setting as the selected vintage or group account in order for the transfer to succeed. Distrib. Lines Displays the number of distribution lines that will be transferred. Transfer When selected, it will transfer the selected assets to the destination specified. |