How to transfer a fixed asset

Released in version: 5.46

Before you can make changes to a fixed asset, the fixed asset must be acquired. See how to acquire a fixed asset before proceeding.

Once the fixed asset has been added to the system and purchased, you can transfer it.

To transfer a fixed asset

The Transfer assets form is used to transfer assets between main accounts and sub-accounts. Currently, you are only able to transfer assets from one account to another.

1. Quick launch Transfer asset.
   
   
   
   
2. In Transfer from client, select the client that the fixed asset currently belongs to. Once selected, the available assets will display in the Assets to transfer list below.
3. Click the checkmark next to the asset you'd like to transfer.
4. In Transfer to client, select the client who you'd like to transfer the asset to.
5. In To account, select the account that you'd like for it to display in.
6. Click Submit.
7. Click Client administration > Lists > Unposted transabctions.
8. Locate and right-click the Transfer transaction and select Approve.