Partial Transfer Example

To illustrate the use of asset extension numbers, imagine the partial transfer of a hypothetical asset with a System Number of 142.000. During the transfer, the system creates a remaining asset and assigns it a new extension, making it asset 142.001. Asset 142.001 takes the place of the original asset 142.000 in the asset list in the Asset List. At the same time, the system creates an entirely new asset (the transferred asset) with a new System Number and a .000 extension (it could be asset 268.000). To view the original asset 142.000, go to Asset Detail for asset 142, select the Transactions tab, and select the View Transaction button.