Transfer

Move the selected assets to the low value pool journal.

Fixed asset number ( Transfer to )

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

Depreciation book ( Transfer to )

Select a depreciation book that uses low value pool depreciation to transfer the low value asset to.

Percent

Displays 100%, so that the entire net book value of the low cost asset will be transferred to the selected asset and depreciation book.

Low value pool type

Select the transaction pool type. You can select from Low cost asset, Low value asset, or Second element cost. For more information, see (AUS) Low value pool depreciation.

Name

Select the name of the journal that the transfer transaction is posted to.

Transaction date

Enter or select the date when the asset transfer will occur.

Transfer to low value pool

Select this check box to transfer the asset to the low value pool.

Fixed asset number

The fixed asset number that can be transferred to the selected asset and depreciation book.

Name

The fixed asset name.

Depreciation book

The fixed asset depreciation book.

Depreciation profile

The depreciation profile value for the asset.

Alternative depreciation profile

The alternative depreciation profile value for the asset.

Depreciation convention

The depreciation convention for the asset.

Depreciation run date

The date that the asset will begin depreciating.

Date when depreciation was last run

The date that depreciation was last processed

Service life

The service life of the asset, in years.

Depreciation periods

The number of depreciation periods for the fixed asset.

Depreciation periods remaining

The number of depreciation periods remaining for the asset.

Extraordinary depreciation profile

The extraordinary depreciation profile value for the asset that matches the filter information.