Assets Transfer PROGRAM CHARTER DOCUMENTTransfer within Company Code T Code: ABUMN
When you want to transfer asset purchased from one asset class to another or in case of sub numbered assets, you want to transfer from one sub number to another within the same class of asset within the company code, you can use transaction ABUMN. ABUMN. Navigation Path Path : Accounting → Financial Accounting → Fixed Assets → Posting → Transfer → ABUMN –Transfer within Company Code In command field enter the T Code ‘ABUMN’. ‘ABUMN’. Following screen screen appears.
For transfer of single asset Enter the following details: 1. Asse Assett Numb Number er and and the the sub sub code code 2. Docum cument Date ate 3. Asset Asset Value Value Date (Date from from which you you would like like to effect effect the change change in the system) system) 4. Text 5. Transfer to (a) (a) if existing asset, give give the number; number; (b) if if new asset, create create the new asset asset from this this screen itself instead of going to AS01.
Now the the screen will appear as follows:
Now select the tab ‘Additional details’. Following screen appears. Always select Gross Method.
Now select the tab ‘Partial Transfer’. Following screen appears. If you don’t want to transfer full asset then you can enter either amount or percentage or quantity to be transferred. Here we will do complete transfer. Hence leave these fields blank. If the asset to be transferred is acquired in the earlier years, click on the radio button for ‘prior-year acquis.’ and if the same is acquired during the current year, click on the radio button ‘From curr.-yr acquis.’
If you want to add long text, click on the ‘Note’ tab.
Now you have to simulate the transaction before you post it. Click on the ‘simulate’ icon on the application toolbar.
The following screen appears. Please note that depreciation is also transferred to the new asset class and accumulated depreciation.
Now post the entry by clicking on the ‘post’ icon on the standard toolbar. The following message appears on the screen.
For transfer of multiple assets –
When the initial screen appears, click on the ‘multiple assets’ icon tool bar.
on the application
The following screen appears. Enter the details of Document Date, Posting Date, asset Value Date, Text and the asset along with sub number to be transferred. Now click on ‘Subnumbers’
List of assets and sub numbers will appear as below.
If you do not want to transfer any of the assets then that lines can be removed. Click on the tab on the extreme left of the line item and then click on ‘delete’ icon in the bottom row.
The following screen appears. Click on continue button.
Now enter the asset number and sub number to which you want to transfer these assets to.
After you simulate the transaction, following screen appears.
Save the transaction. Following message appears on the screen.
Inter Company PROGRAM CHARTER DOCUMENTTransfer T Code: ABT1N
When you want to transfer asset purchased/ Asset Under Construction from one company Code to another company code, you can use transaction ABT1N. Navigation Path: Accounting → Financial Accounting → Fixed Assets → Posting → Transfer → ABTIN –Inter Company Asset Transfer
Double Click the transaction. Choose the icon . The following screen appears. Change the company code as required. Here we will transfer asset from Company Code 1000 to Company Code 2000.
Enter the details of asset number, sub number, document date, posting date, asset value date, text, transfer to company code and asset in the new company code.
If you want to create new asset from this screen, click on the radio button next to new asset. Click
to create new Asset in receiving Company Code
The following screen appears. Enter the details of asset Class, Description, cost center.
Click on screen.
for Additional Data for the New Asset. You will be directed to AS01
After entering all the details, click
or F3 to go back to original screen.
All other tabs of ABT1N : Additional details, Partial Transfer and Note are similar to as explained in T Code ABUMN. Now simulate the transaction. Follwing screen appears. Please note that one entry is generated in transferor company code (here company code 1000) and other entry in transferee company code (here company code 2000). The G L account 251900 is automatically used by the system as inter company transfer account.
Now post the entry. Two separate document numbers are generated by the system.
For Inter Company Code (Inter Profit Centre) transfer, Cost Centre needs to be changed in Master Data of the Asset
1.
Menu Path
Accounting → Financial Accounting → Fixed Assets → Asset → Change → AS02 –Asset
Transaction Code
AS02
Double Click on AS02 –Asset
Select the Asset which is to be transferred and Click
for further process
Select “Time Dependent” Tab
Click
for change the Cost center, you will find following window
Click
Click
to enter new Cost Centre, again new window will pop up for date
following window will appear
Enter Cost center where asset to be transferred, then post
