Asset Transfers, Splits, and Disposals

You can use the JD Edwards EnterpriseOne Fixed Assets system to record asset transfers, splits, and disposals in the accounting ledgers, as described in this table:

Asset transfers

Transfer assets from one account to another, or from one business unit and account to another. You can transfer assets individually or in groups. You can also use the transfer program to change asset information globally without actually transferring assets.

Asset splits

Split an asset into one or more new assets. The system prorates the asset's cost and accumulated depreciation to the new assets, and creates the appropriate journal entries. Use asset splits when you want to dispose of or transfer part of an asset.

Asset disposals

Dispose of assets individually or in groups. The system automatically creates the journal entries for each asset disposal, based on your specifications.