You can transfer a single general asset to a low value pool or small business pool.
An asset can be transferred in the year of purchase or in a subsequent year. If you transfer the asset in the year of purchase, the value contributed to the pool is the cost price. If you roll the asset over to next year and then transfer, the rolled over general asset is converted to sold one and a new pool asset is created (the general asset in the previous year can’t be edited or sold).
Select the asset that is to be transferred to pool. The row containing the asset must highlighted.
Click Transfer to low value pool or Transfer to small business pool on the Tasks bar. OR You can select Functions > Transfer to low value pool or Transfer to small business pool on the right-click menu.
These options will be greyed out if the selected asset is already in a pool.
A confirmation message displays.
Click OK. The asset is transferred to the pool and the Assets Listing page is updated.
Unfortunately, we won't be able to respond to your feedback. Please don’t enter any personal information—if you need urgent help, contact our support team instead.
Thanks for your feedback.
Thanks! Anything you'd like to add?
We’d love to know what worked so we can keep improving our help. Please don’t enter any personal information—if you need more help, get in touch with our support team.
Did you find what you were looking for? *
What are you looking for help with? *
e.g. How to delete an invoice.
Overall, how satisfied are you with this help centre? *
Just the online help, not phone support or the product itself.
What was the reason for your rating?
Accountants and Partners
AE Assets Live (AU)
AE Assets Live (NZ)
AE Statutory Reporter (AU)
AE Statutory Reporter (NZ)
AE Workpapers (AU)
AO Assets Live (AU)
AO Assets Live (NZ)
AO Statutory Reporter (AU)
AO Workpapers (AU)
Copyright 2018 MYOB Technology Pty Ltd. All rights reserved. This help topic is provided as a guide only, in accordance with our Legal Disclaimer. For specific taxation or accounting advice, please consult the relevant tax authority or regulator.