Asset Split

The Fixed Assets Management SuiteApp lets you split assets that aren't disposed or marked inactive on the asset record.

The Quantity field on the asset record's Maintenance subtab tracks the number of individual elements that form the asset. Splitting an asset lets you separate a specified quantity from the original asset and create new asset records.

Depreciation continues to work on each asset as a whole. If some units need different depreciation rules, you can split them to create a separate asset. Likewise, if some units are transferring to a different class, department, location, or subsidiary, they must first be split into a separate asset and then moved. You can't combine assets (for example, reverse the process of splitting an asset).

For information about asset split in multi-book accounting, see Splitting an Asset in Multiple Books.

To split assets one at a time or in bulk, read the following topics:

Related Topics

General Notices