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Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
Enabled for | Public preview | General availability |
---|---|---|
Users by admins, makers, or analysts | Jul 2025 | Sep 2025 |
Business value
The Fixed asset transfers between legal entities feature simplifies the process of moving assets across legal entities. With this feature, businesses can easily manage intercompany asset transfers. By automating the creation of destination assets and ensuring accurate transfer of financial data like acquisition costs and depreciation, this feature reduces manual effort and ensures smooth, compliant asset transactions across entities.
Feature details
The Fixed asset inter-company transfer feature lets you transfer assets between legal entities. Select the source asset and its book, and preview key financial details like acquisition cost, accumulated depreciation, and net book value (NBV). You can process the transfer as a disposal. Choose to create the destination asset automatically or select precreated assets. The feature copies asset data to the destination entity, lets you preview destination values, and automates posting acquisition in the destination asset and disposal transactions in the source asset.