The following describes how to split an asset with the quantity as the basis.
Here, you choose to leave the remaining value on the original asset. You can also move the remaining value to a new asset. The quantity to be split is 4:
|
Original asset (before the split) |
|
|---|---|
| Acquisition value | 10,000 |
| Depreciation balance | 4,000 |
| Residual value | 6,000 |
| Quantity | 10 |
|
New asset |
Original asset (after the split) |
||
|---|---|---|---|
| Acquisition value | 4,000 | Acquisition value | 6,000 |
| Depreciation balance | 1,600 | Depreciation balance | 2,400 |
| Residual value | 2,400 | Residual value | 3,600 |
| Quantity | 4 | Quantity | 6 |
- Select the Work with split menu item.
- You access Asset split selection. Follow the instructions for completing the fields in step 2 in Split according to acquisition value with the following exception:
- Quantity
- Since this task describes how to split with the quantity as the basis, this field must be entered. Enter the new asset’s share of the original asset, here 4.
Instead of entering a value in Acquisition value, enter information in the following field:
Click OK. Ensure that the information is correct and click Perform split to perform the split and select the printer information.
Click OK to receive a receipt confirming the changes made in the Asset file. Exit the routine.