Transfer assets from one company to new company
Hi,
We are in the process of moving assets from one company(balance segment value) to a new company(balance segment value) so exploring the options.
Option - 1
-> Create a new category with new accounts (BSV)
-> Transfer assets from existing category to new category using reclassification option if it is within books.
Option - 2
-> Retire the asset in existing book
-> Extract the same asset with accumulated depreciation amount, DPIS and upload asset into new category within existing book or new book
-> Run Depreciation
-> Reverse the Addition accounting entry.
Option -3
Any better way?