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Part transfer of an asset

Posted: Sun Nov 01, 2009 12:30 am
by aganguly
I would like to know how to transfer a part of the asset in a different unit from the exising unit where all the units are in the same book.

For example

The current cost of an asset is Rs. 50,000. I want to transfer a Part of the asset where the value is Rs. 20,000 to a different unit.

The asset had been entered into the system as a single unit.

Pls. advise.

Thanks in advance.

Amitava

Posted: Mon Nov 02, 2009 3:24 pm
by tgs100
in my opinion, you should only change the current cost of of assets in both the assets (Increase the amount in one asset and decrease it in another asset) as there is no change in quantity.

System will keep track of these adjustments.

Cheers,
Saravanan