Related topics

Understanding Asset Identification

Partial Disposal Asset Conditions

Viewing Past Conditions and Extension Numbers of Partially Transferred Assets

Partial Transfer Example

Partial Transfer Asset Conditions

The system creates these asset conditions when you partially transfer an asset:

  • The original asset retains its current System Number and extension. The system inactivates the asset so it can be replaced by the remaining asset. The system assigns an Activity Code to the asset based on the details of the transaction.
  • The system creates a remaining asset using the original System Number, but gives it a new extension. This remaining asset replaces the original asset in the Asset List. It retains all field attributes of the original asset except for Acquisition Value, which the system decreases by the amount that has been transferred or disposed.
  • The system creates a transferred asset from the portion of the asset that was transferred. The system gives the transferred asset a new System Number and a .000 extension.