| | Transfer To: company not available in the transfer list |
| Cause | The Business Start Date of the Transfer To: company is not prior to the Placed-in-Service Date of the asset. |
| Resolution | In Sage Fixed Assets-Depreciation: - Go to File, Edit Company check to see if the Business Start Date is after the In Placed-in-Service Date of the asset.
- Edit the Business Start Date to a date before the asset's Placed-in-Service Date.
- NOTE: If the original Business Start Date setup a Short Year in the first year on the company the asset is being transferred to, two short years will need to be entered in order to insure no changes to the depreciation calculation occur.
Example:- Placed in Service of the Asset being transferred is 06/01/2011.
- Business Start of the Company the asset is being transferred to is 09/01/2013.
- Fiscal End Year of the Company is December.
- The Business Start date will be changed to 01/01/2011 (The default of 01/01/1920 is recommended).
On the Short Years tab:- Year 1 will be entered as 08/2013 in all open books.
- Year 2 will be entered as 12/2013 in all open books.
- Now the asset can be Transferred.
[BCB:165:Chat Fixed Assets US:ECB]
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