can I transfer both the subsidiary and location of...
# ask-stanley-ai
y
can I transfer both the subsidiary and location of a fixed asset?
c
AI generated answer (using internal Slack threads):
Based on the conversations, it appears that you can transfer both the subsidiary and location of a fixed asset in NetSuite. However, this process involves several steps and considerations. For transferring the subsidiary of a fixed asset, you would need to perform an Asset Transfer. You can do this by navigating to Fixed Asset -> Transactions -> Asset Transfer. In this process, you can change various fields. However, it's important to note that the date of the transfer could impact the posting of Journal Entries. For example, if you choose a date in a closed period, the entries might be posted in the last open period. As for the location, it seems that once a transaction has been posted to a location, the subsidiary associated with it cannot be changed. If you need to change the subsidiary of a location, you would need to create a new location and perform an Intercompany Transfer. This process will maintain your inventory history. However, it's important to note that locations are subsidiary-specific since they are a financial segment. Therefore, you cannot assign multiple subsidiaries to a location. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.833930254
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.832646906
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.826867938
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