With this function, you can split an asset for partial disposal or for any other reason. You can split a single asset several times and new assets can be created from a split one. The split function divides the remaining balance for an asset. The asset split function has a lot in common with the disposal routine. See About working with disposals for more information.
You can split an asset on the following basis:
- Percentage
- Acquisition amount
- Quantity
Note: Quantity can only be used provided that quantity has been entered in the Asset quantity field on the Basic information maintenance panel.
When splitting an asset, you can either leave the remaining amount on the original asset or direct the remaining part towards a new asset, in which case you will no longer be able to work with the original asset.
When an asset is split, the following apply:
- The depreciation transactions for the original asset are updated.
- The asset acquisition amount and accumulated depreciation amount is distributed according to the selected split basis (acquisition value, asset quantity or percentage).
- Asset quantity is distributed provided that asset quantity was used as the basis for the split.
Note: An asset cannot be split if it is included in a disposal proposal, an update depreciation proposal, an account movement proposal or an inventory list.
Enquiries and printouts
- Asset split enquiry – displays information about the asset split transactions. Here, you can see the acquisition value for the original asset, as well as the split basis and the split date.
- There are no specific printout programs for this routine. Although, after having performed a split, you will receive a receipt confirming the split transaction.