<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000137" xml:lang="en">
   <Header>
      <Title>Transferring Assets</Title>
      <Keyword type="header" order="d1e1957403">
         <Level1>Transferring</Level1>
         <Level2>assets</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1957408">
         <Level1>Transactions</Level1>
         <Level2>asset transfer</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1957413">
         <Level1>Assets</Level1>
         <Level2>transferring</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>An asset transfer records the movement of part or all of an
		asset from one location to another.</Paragraph>
      <Paragraph>You can transfer an asset after it has been capitalized and
		before it is disposed. For each transfer, you must indicate the date on which
		the transfer must take effect. If this date is in a prior period, ERP Enterprise must
		reverse any depreciation that occurred in the source asset from that period
		till the current period.</Paragraph>
      <Paragraph>You can transfer all or part of the asset. If you transfer the
		full quantity or percentage cost of an asset, this is a complete transfer. If
		you enter less than 100% of the quantity or percentage cost as the transfer
		criteria, ERP Enterprise performs a partial transfer and retains a percentage of the cost, accumulated
		depreciation, quantity and other values of the source and in most cases
		transfers the remainder to the destination.</Paragraph>
      <Paragraph>As a result of transfer, ERP Enterprise adjusts
		the values of the source asset and creates a new destination asset. ERP Enterprise also
		creates journal entries for the source and destination assets based on the
		values in the asset's General Ledger (GLD) book. For more information, see <Link href="/baanerp/tf/onlinemanual/000152" role="manual">Transfer Journals</Link>.</Paragraph>
      <Paragraph>You enter a date for each transfer to determine when it takes
		effect. If the transfer date is in a prior period, ERP Enterprise must
		reverse any depreciation that occurred between the transfer date and the
		present. If the transfer date you enter is in a current period, ERP Enterprise uses this
		date on any journals it creates.</Paragraph>
      <Note>
         <SectionTitle>Note</SectionTitle>
         <Paragraph>Transfer does not consider the tax implications of the
		  transfer, any gain or loss encountered through the transfer, or the fair market
		  value of transferred assets.</Paragraph>
      </Note>
      <Paragraph>In addition to recording transfers on an asset-by-asset basis,
		you can record mass transfers if you need to transfer a large number of assets
		at once. For more information, see <Link href="/baanerp/tf/onlinemanual/000162" role="manual">Transferring Mass Assets</Link>. Assets subject to <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">asset depreciation range (ADR)</Link>, or <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">modified accelerated cost recovery system (MACRS)</Link> group tax reporting, have additional transfer options
		available.</Paragraph>
   </GeneralSection>
</ManualTopic>