<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000152" xml:lang="en">
   <Header>
      <Title>Transfer Journals</Title>
      <Keyword type="header" order="d1e1668388">
         <Level1>Journals</Level1>
         <Level2>Transfer</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1668393">
         <Level1>Transfer</Level1>
         <Level2>Journals</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>LN identifies data
		for journal creation each time you transfer an asset. LN creates two
		journals for each transfer:</Paragraph>
      <List>
         <ListItem>For the company
		  transferring the asset, LN credits the asset account, debits the
		  accumulated depreciation account, and debits the intercompany account with the
		  destination company.</ListItem>
      </List>
      <List>
         <ListItem>For the company
		  receiving the asset, LN debits the asset account, and credits the
		  intercompany account. For transfers within legal companies, LN also credits
		  the accumulated depreciation account.</ListItem>
      </List>
      <Paragraph>The accounts used to
		create the transfer journal are stored in the integration scheme or the
		transaction schedule. When journals are created, LN performs validation on
		the accounts and periods affected to ensure the entry is correct. A journal
		will not be created if the <GUIRef href="/baanerp/tf/fam/tffam1203m000#suppress" role="field">Suppress Journal Entries</GUIRef> check box is selected.</Paragraph>
      <Note>
         <SectionTitle>Note</SectionTitle>
         <Paragraph>For transfers of
		  assets with intercompany distribution lines, LN makes no special entries in
		  addition to the ones listed above. Any restatement of depreciation as a result
		  of transfer will cause a reversal of previous journal entries for both
		  companies.</Paragraph>
      </Note>
   </GeneralSection>
</ManualTopic>