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Copying a Company

Company Utilities Menu

Working with Companies

Extracting Assets from Another Company

What happens when assets are extracted?

You can extract assets from an existing company and place them into a new company. When extracting assets, you are actually copying them and placing them into the new company. The company from which you extracted the assets is not affected.

Extractions are based on groups. You must extract an entire group of assets from a company. If you want to extract only a selection of assets from one company, create a group from the selection in the original company, and then you can extract that group.

You can extract assets into a new company. You cannot extract assets into an existing company.

Note: The destination company that receives the extracted assets will be the same entity type as the source company. For example, if you extract assets from a U.S. Company, the destination company will be a U.S. Company. For more information about entity types, see What Entity Type Is Right for Me.

The system assigns System Numbers to the assets you extract, based on the starting System Number of the new company. For example, if you extract three assets with System Numbers of 51, 55, and 57, and you place them in a new company with a starting System Number of 1, the system assigns System Numbers 1, 2, and 3 to the assets.

All company information for the new company, except for password security information, is copied from the company from which you are extracting the assets (including SmartLists and company setup information).

Note: To extract assets, you must have security rights to the company from which you are extracting the assets.

Before you begin the steps outlined below, you must close any currently open company.

To extract assets
  1. Select File/Company Utilities/Extract Assets from the menu bar. The system displays the Extract Assets window.
  2. Complete the Extract Assets window, then select OK.

If a company with the same name as the destination company already exists, the Rename Company window appears.

  1. Enter a new name for the destination company, and then select the Rename button.

The assets are automatically extracted, and the new company is created. The application returns to the Extract Assets window.

  1. Select the Cancel button to close the Extract Assets window.