Accounting Impact for Asset Transfer for capitalized Asset
Hi Experts
We have Issue for Asset# 135442 where the Asset has the Issue for Transfer (Transaction Type)
1. Asset no# 135442 has been capitalized in Period Effective Jul-19 & Entered Aug-2019 & capitalized
2. Asset expense account has been transferred to new expense account in Oct-2019
Question:
Since the Asset was capitalized in Aug-2019 & was later transfer done in Oct-2019
Can you please provide Accounting Impact of accounting Old expense account (10.101.90201.630299.000000.000000.000000.000000.000000)
with New Expense Account (10.101.90201.630202.000000.000000.000000.000000.000000)
3. How to verify the depreciation balance for this given Asset in Particular before & after transfer both for Old & New Accounts.