Transfer Assets between Corporate Books
Hi,
One of our client go for re-organization structure demerger for their company.
So some of the assets need to transfer other corporate books.
Please clarify the below questions:
1. what is the best way to do that?
2. Client wants to go live for 01-OCT-2020, so regular period closing will be happened up to 30-SEP-2020. Here tell me approach, on what date to make assets current cost 0 and retire the asset and transfer to other corporate book?
3. I can understand the new corporate book migration, but in the source corporate book, on what data needs to do the transactions?
Please help us to rectify the issue.