Interunit Asset Transfer
Hi there,
When performing interunit asset transfer we see that the accounting entries create a retirement and gain loss in the FROM BU
Current accounting entries
Trans type RET
FROM BU P1012 Fixed Asset (XXX)
Accum Dep XXX
Gains/Loss XXX
TO BU P1011 Fixed Asset XXX
Asset Clearing (XXX)
Accum Dep (XXX)
Depreciation XXX
What we want to occur
FROM BU P1012 Fixed Asset (XXX)
InterUNIT XXX
TO BU P1011 Fixed Asset XXX
InterUnit (XXX)
Depreciation XXX
AccumDep (XXX)
Essentially we want to build an interunit asset transfer accounting template - that does not include gains/loss . Is this possible?