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WS: 12: FAQ: Asset Transfers (P12108) and Location Transfer (P12115) (Doc ID 626072.1)

Last updated on FEBRUARY 28, 2023

Applies to:

JD Edwards World Fixed Assets - Version A7.3 cume 4 and later
Information in this document applies to any platform.


This document describes the frequently asked questions about the Asset Transfer program (P12108). 

Note: The Mass Transfer and Single Asset Transfer programs are the same (P12108). To avoid confusion, this document uses Asset Transfer to reflect both.

Questions and Answers

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In this Document
Questions and Answers
 Question 1: What is the purpose of the Asset Transfer program?
 Question 2: Can you void an asset transfer that you processed in error?
 Question 3: Does the Asset Transfer program create journal entries for depreciation expense?
 Question 4: When you transfer an asset, which fields in the Asset Balances file (F1202) does the system update for the transferred amounts? 
 Question 5: What is the difference between the Single Asset Transfer and the Mass Asset Transfer programs?
 Question 6: Can you transfer assets with subledgers? 
 Question 7: How does the system update the location date (EFTB) in the Asset Master (F1201) and Location Tracking (F1204) files?
 Question 8: Can you transfer an asset between companies with different base currencies?
 Question 9: Can you suppress the report from printing ***PROCESSING OPTION MESSAGES***?
 Question 10: When you transfer an asset to another object account, does the system automatically update the depreciation information based on the depreciation default information that is set up for the new object?
 Question 11:  When you transfer cost for an asset that also has associated units for meter readings, does the system also transfer the accounts for the corresponding units (AU) ledger?
 Question 12:  How do we correct a situation where ALL our assets were transferred to a single account?
 Question 13:  How do you use the Asset Transfer program to update the Company number on an asset master when the Company Number is changed on a Business Unit?
 Question 14:  What is the process to  change the Location Code on the Asset Master once it has been updated?

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