Purpose
Intracompany transfers are required if an asset has been assigned to an incorrect asset class, and thereby to the incorrect general ledger account. They are also used if the asset is to be assigned to a different business area, or if a part of the asset is to be dismantled and its value changes are to be tracked separately.
The sale of an asset to an affiliated company is referred to as Asset Transfer Between Affiliated Companies.
Prerequisites
In this IDES process, we refer to an "old" asset. If someone else has run this process before you, it could be that they have already set this asset to zero through a total transfer. You therefore need to check the values of the asset, and reverse the asset transfer, if required.
Process Flow
You can find the data for this process under
.