| # 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 From and To fields define a range of: asset numbers. Asset Extension The From and To fields define a range of: asset extensions. Category The From and To fields define a range of: categories. Default Subcategory The From and To fields define a range of: subcategories. Book Code The From and To fields define a range of: book codes. 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. Auto 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 Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) 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 Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) 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 Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) 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. 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. Property Type Code You specify the range of property type codes associated with the assets on which you want to perform the mass transfer. Property Type Code You specify the range of property type codes associated with the group of assets on which you want to perform the mass transfer. Vintage/Group Acct You specify the range of ADR vintage or MACRS group accounts associated with the assets on which you want to perform the mass transfer. Vintage/Group Acct You specify the range of ADR vintage or MACRS group accounts associated with the group of assets on which you want to perform the mass transfer. In-Service Date The From and To fields define a range of: in-service dates. 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 From and To fields define a range of: book values. You specify the range of net book values shared by the assets on which you want to perform the mass transaction. Net Book Value in home currency The net book value of the asset in home currency. 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 Code Enter a reason code of the Transfer reason type for the new transfer transactions. Reason codes are maintained in the Reason Codes (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 Code 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 Intercompany 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. Distribution Lines Displays the number of distribution lines that will be transferred. Transfer When selected, it will transfer the selected assets to the destination specified. |