Discussions
NSC | Asset Transfer > Error on Accounting Book
Scenario:
While transferring the assets from Children Subsidiaries 001 and 002 to Parent Subsidiary, the user got the following error:
Solution / Explanation:
The Asset Transfer failed due to the fact that the accounting book is not currently associated with the destination subsidiary. This limitation occurs because only active books can be associated with alternate methods. Furthermore, if an alternate depreciation method is already linked to an accounting book, it is not possible to change the Accounting Book value thereafter.
To proceed with the asset transfer, the user must ensure that the intended accounting book is actively associated with the destination subsidiary before initiating the transaction.