Questions on Asset Transfer

Hi All,

I have few questions on Asset Transfer from one company code to another company code.

1. What is the standard process if we use Gross Method and Net Method

2  What are the Accounting Entries it generates and how the depreciation is calculated in the Receiving company code for both Gross and Net Method.

3. We are using Gross Method. When we transfer a particular Asset from One company code to another. The Receiving company code is again      calculating and planning the depreciation which is already posted in the sending company code. Is this the standard process ??

Thanks,

Zahid