What is 'intracompany transfer' in SAP FI-AA - Asset Accounting?

intracompany transfer - Overview

• Component: FI-AA

• Component Name: Asset Accounting

• Description: Transfer of asset values from one asset to another. Depending on the underlying business transaction, an intracompany transfer might be needed, for example, if part of an asset is rebuilt, or if the asset changes location, thereby requiring changes in the asset master record such as the asset class.

intracompany transfer - Details

• 
  Key Concepts: 
  Intracompany transfer is a process in SAP FI-AA Asset Accounting that allows for the transfer of assets between two company codes within the same company. This process is used to move assets from one company code to another without having to go through the process of selling and buying the asset. 
  
  How to use it: 
  To use intracompany transfer, you must first create a transfer order in the source company code. This order will contain all the necessary information about the asset, such as its description, quantity, and value. Once the order is created, it must be approved by the responsible person in the source company code. Once approved, the asset can be transferred to the target company code. 
  
  Tips & Tricks: 
  When creating a transfer order, make sure to include all relevant information about the asset. This will help ensure that the asset is transferred correctly and without any issues. Additionally, it is important to ensure that all necessary approvals are obtained before transferring an asset. 
  
  Related Information: 
  For more information on intracompany transfers in SAP FI-AA Asset Accounting, please refer to SAP Help documentation or contact your local SAP support team.