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FA: Solution Presentation

Fujitsu Enterprise Solution Philippines, Inc.

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FA: Transferring Assets

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Transferring Assets

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You can transfer assets between employees, depreciation expense

accounts, and locations. When transferring assets, you should

consider the following:

You can change the transfer date to a date in a prior periodfor a particular transfer, but the transfer must occur within the

current fiscal year You can change the transfer date of an asset to a prior period

only once per asset.

You cannot transfer an asset to a future period.

Note: You cannot transfer assets from one corporate book to anothercorporate book.

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Transferring a Single Asset

To transfer an asset between employees, expenseaccounts, and locations

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Transferring a Single Asset

To transfer an asset between employees, expenseaccounts, and locations

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Employee LocationExp. Account

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Transferring a Group of Assets

Oracle Assets allows you to transfer multiple assets inone transaction.

Transfer Between Expense Accounts

Transfer Between Locations and Employees

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Transfer BetweenExpense Accounts

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Transfer BetweenExpense Accounts Sample Parameters

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Transfer BetweenLocations and Employees

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Transfer BetweenLocations and Employees Sample Parameters

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Transferring Invoice LinesBetween Assets

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Transferring Invoice LinesBetween Assets

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Transferring Invoice LinesBetween Assets

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FA: Journal Entries

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Journal Entries for Transfer of Assets

Transfer Between Cost Centers

You place an asset in service in Year 1, Quarter 1. Therecoverable cost is $4,000, the life is 4 years, and you are usingstraight-line depreciation.

In Year 2, Quarter 2, you transfer the asset from cost center 100to cost center 200 in the current period.

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Transfer Between Operating Unit

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Transfer the asset from the ABC Manufacturing Company to theXYZ Distribution Company.

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FA: Reports

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Asset Transfer Reports

Asset Transfer Report

Asset Transfer Reconcilliation Report

Asset Disposals Responsibility Report

Mass Transfer Preview Report

Transfer Report

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Asset Transfer Report

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Asset Transfer Reconcilliation Report

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Asset Disposals Responsibility Report

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Transfer Report

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