Depreciation - Asset Transfer within the Company

Hi All,
We have to transfer the values from the existing asset to new asset within the company code.
As of I know that I can use ABUMN to do this transaction. But how should I do for the depreciation run? and what is the concept of value adjustment for both the assets?
I request you to all, please give your values.
Thanks with regards,
Ran.

Dear Ranesh,
When you do the transfer of the asset value from one asset to another, the acquisition value and the accumulated depreciation are transferred to the new asset. In case the two asset belong to two different profit centers, then the deprciation till the date of the transfer is booked in the old profit center and from the date of transfer till year end will be posted in the new profit center.
Hope that clarifies,
Assign points if useful
regards
Venkatesh

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