I'm trying to understand the concept of legacy transfer. Could someone explain what it is and how it works? I'm particularly interested in its financial and legal implications.
6
answers
ShintoSanctuary
Sat Dec 28 2024
Legacy data transfer pertains to the migration of existing data from an older system.
KDramaCharm
Sat Dec 28 2024
Classifying assets correctly is another step that precedes the legacy data transfer.
Sebastiano
Sat Dec 28 2024
This process also involves transferring information from manually maintained fixed asset card files.
Ilaria
Sat Dec 28 2024
The migration of legacy data is crucial in ensuring continuity and accuracy in asset management.
Bianca
Sat Dec 28 2024
Typically, this transfer takes place once the Asset Accounting (FI-AA) component has been configured.