You can carry out automatic asset transfers between two company codes within one client. In order to post the retirement and acquisition in one step, you have to make certain system settings. If these settings are made, the transfer transaction itself is relatively simple. You basically need to enter only the sending and receiving assets and company codes.

In the transfer transaction, you specify the transfer variant that the system should use for posting the asset transfer. Transfer variants can be defined in Customizing for Asset Accounting. You define transfer variants based on the following considerations:

• Is the asset being transferred within a single company? For intercompany asset transfer, the system checks the company code relationship (company code relationship type) of the companies and if they are affiliated companies. The transaction types to be used are dependent on these two factors.
• Which transfer method (gross, net, new value) should be used for posting?
• Do the sending and target company codes have different charts of depreciation? Using cross-system depreciation areas, you can transfer the values of depreciation areas that have the same function. You can also prevent a depreciation area from being transferred.

In addition, you can specify which field contents the system should copy from the sending asset to the new asset master record..