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Transferring Assets

Last post 09-23-2009 7:53 PM by jaycaturay. 1 replies.
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  • 09-18-2009 12:05 PM

    Transferring Assets

    I have assets that need to be partially transferred between business units, which are set up as individual companies on FAS.  I understand the instructions to transfer, but am unclear on how the depreciation should be adjusted.  Can someone walk me through the process?

  • 09-23-2009 7:53 PM In reply to

    Re: Transferring Assets

     FAS transfers the depreciation automatically when you do the transfer. You do not have to adjust the depreciation.

    Jay

     

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