Transfer fixed assets between legal entities

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Enabled for	Public preview	General availability
Users by admins, makers, or analysts	Jul 2025	Sep 2025

Business value

The Fixed asset transfers between legal entities feature simplifies the process of moving assets across legal entities, enabling businesses to manage intercompany asset transfers with ease. By automating the creation of destination assets and ensuring accurate transfer of financial data like acquisition costs and depreciation, this feature reduces manual effort and ensures smooth, compliant asset transactions across entities.

Feature details

The Fixed asset inter-company transfer allows users to transfer assets between legal entities by selecting the source asset and its book, previewing key financial details such as acquisition cost, accumulated depreciation, and net book value (NBV). The transfer can be processed as disposal. Users can choose to either create the destination asset automatically or select precreated assets. The feature copies asset data to the destination entity, allows previewing of destination values, and automates the posting of acquisition in the destination asset and disposal transactions in the source asset.