Transferring assets between business central

Business Central/NAV
1

Is it possible to transfer assets between entities in Business Central or there is no native functionality?

2

You can merge assets for the same entities, you can make sub-assets but I guess migrating the one from one entity to another altogether isn’t available in the out of box functionality.

3

Thanks. Not looking to merge to the same entity but knowing its not possible to transfer between them helps. Appreciate the answer!

4

Hi RockWith,

Another topic but tying to the multiple entities, Is consolidation native in Business Central?

5

You mean, Consolidation of Companies?
Yes it is.

6

  • No, It’s not possible Straight away

  • The Workaround solution Here is to

    • Pass General Ledger Entry using Inter Company Module B/w Entities

      • For Acquisition as well as Depreciation

      • Use Fixed Asset ID as Dimension

After Posting the Transaction in receiving entity, Setup Fixed Asset and Transfer the General Ledger Balance to Fixed Asset Using Fixed Asset G/L journals.