About transfers of fixed assets

A fixed asset transfer occurs when a department gives an asset to another department or when an asset is moved from one branch to another.

With Visma Net, you can perform two types of asset transfer:

• Individual asset transfer:
  You can change the location of an individual asset in the Fixed assets (FA303000) window.
  You can use this option to change the custodian of the asset or to move the asset within the branch.
  The date of the transaction is the current business date.
  For more information, see:Transfer an individual asset
• Mass asset transfer:
  You can transfer one or multiple assets from one location to another by using the Transfer assets (FA507000) window.
  You can use this window for inter-branch transactions. You can also select the date and period of the transfer.
  For more information, see:Mass-transfer fixed assets

When you transfer an asset in Visma Net, the accounts and subaccounts to which the cost and depreciation were posted change to the new ones.

After release, a historical record of the transactions is created.
You can view the details of this record on the Location history tab of the Fixed assets (FA303000) window, in the Transfers (FA640000) report, and on other reports.