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Small and medium business | Business Central, N...

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Transfer of a Fixed Asset from one company to another

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Posted on by Sub Mint

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I know this is not available in standard BC but is there a way of transferring a Fixed Asset from one company to another company in BC. I don't want some sort of customisation suggestion as it is not a feasible suggestion as it only happens about once every 2 months. It there a way to get the asset off one company and onto another company via transactions in some way. I know the record stays in the company when not in use so this becomes a problem if it shows up as being used in another company. Just wondering how others have got around this?

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Teagen Boll 1,914 Super User 2026 Season 1 on at

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You would have to write the asset off in one entity then acquire it in the other entity using the Fixed Asset G/L Journal. You can set your write-off account and your acquisition accounts as your intercompany due to/from accounts if needed. That's how I would handle it in limited scenarios. Otherwise there aren't any current intercompany features for fixed asset interco transactions.

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Teagen Boll, CPA

Work: Catapult ERP

Social: LinkedIn

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