You can use the Transfer assets to low value pool - value modelsand Transfer assets to low value pool - depreciation booksforms to transfer low cost and low value assets to a low value pool.

For more information, refer to (AUS) Low value pool depreciation.

1. Click General ledger> Periodic> Fixed assets> Transfer assets to low value pool - value models

   –or–

   General ledger> Periodic> Fixed assets> Transfer assets to low value pool - depreciation books.

2. Select the fixed asset number to transfer the low value asset to.

3. If you are using the Transfer assets to low value pool - value modelsform, select the value model to transfer the low value asset to.

   If you are using the Transfer assets to low value pool - depreciation booksform, select the depreciation book to transfer the low value asset to.

4. Select a low value pool type to identify the category for the asset.

5. Select the fixed asset journal that will be used to post the asset transfer to the low value pool transaction.

6. Select the transaction date or accept the default date.

7. If you are using the Transfer assets to low value pool - value modelsform, select a posting layer and value model to display fixed assets with that information.

8. Select the check box for each fixed asset number to transfer to a low value pool.

9. Click Transferto transfer the transactions to the fixed asset journal.