Inter and Intra-company transfer of Fixed Asset

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Hi All,

I know that we can transfer a fixed asset from one BU to another BU using Transfer FA form, is there any report to track these transfer ? My another question is how can we transfer an asset from one legal entity to another legal entity and is there any report to track this?

Regards,

Nakul

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saurabh bharti 15,045 Moderator on at

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Hi Nakul,

As per my knowledge, we do not have any this through which we can transfer from one legal entity to another.

Other way of doing this will be :

1. Sales/Scrap the asset in one legal entity-A at "Net book Value" so that you have Zero Profit/loss on sale of asset

2. Create Fixed asset number in other legal entity -B

3. General Journal with Inter company setup as follow:

Main Account -Company A Credit with Net book value, Offset Account Type Fixed asset with Created Fixed asset Number-Company B

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qianwang 7,168 on at

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Hi nakul,

Also, regarding reporting, there is no such OOB report to track.

You can only check it from the "Review transfer history" on the action Pane or voucher transactions for specific fixed asset.

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Ludwig Reinhard Microsoft Employee on at

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Hello Nakul,

For your first issue:

There is no standard report available to track the fixed asset transfers between your BU's.

Why do you need such a report?

For your second issue:

You can leverage MS PowerAutomate for that.

Here is an example how this can be achieved:

dynamicsax-fico.com/.../

Best regards,

Ludwig

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Community Member on at

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Thanks Saurabh, QainQW and Ludwig,

We would like to track that in a year how many assets got transferred from one BU to another BU and that's why we would need a report which will help us tracking the asset movement.

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