Split an Asset Item

You can split New, Accepted, and Depreciated asset items. The original acquisition code remains with the items for historical tracking.

Important: If an asset item requires a location other than that of the asset, you must split the item from the asset and move it to a newly created or existing asset.

Split an asset item

1. Select Asset Management from the Purchasing & Payables / Capital Assets menu. The Asset Management window opens.

2. Check the box for the asset on which you want to split an item, and click Edit or click the Asset No. link. The Edit Asset window opens.

3. Check the box for the asset item you want to split, and select Split Asset Item, from the More menu. The Split Asset Item popup opens.

4. Select one of the following options:

   • Create individual asset items of quantity one. Choosing this option will result in a number of individual items equalling the quantity of the item being split. In other words, if you choose this option for an item with a quantity of 8, you'll end up with 8 individual identical items.

   • Split asset item into two asset items. Choosing this option will split the item into two items — one item with the quantity indicated in the field below, and the other item with the remaining quantity. For example, if you have an item with a quantity of 8 and you enter the number 4, the result will be two items with the quantity of 4. Or if you have an item with a quantity of 8 and you enter the number 5, the result will be one item with the quantity 5 and one item with the quantity 3.

   • • Enter the Quantity to Split. Enter a number less than the quantity of the item being split.

5. Click Save. The item is split, and the new items have the same status as the original item.

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