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Book asset transfer #
To change any f the asset parameters (increase or decrease useful life, change liable person or expense account, stop depreciation etc.), use the Transfer document.
- Navigate to Asset management → Assets operations.
- Create a new Transfer document.
- Add the asset that is subject to changes.
- Click the blue hyperlink in the Asset parameters column and make the required changes.
- Click the Fill button to change common parameters of multiple assets.
- Save the document.
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Accounting #
Since the Asset transfer document is for management accounting purposes only, it does not generate any postings in the General Journal.