Divide an asset

To divide an asset in Onvio Fixed Assets:

  1. Select an asset.
  2. Select Divide.
  3. Choose how you'll divide the asset.
    • Tax Cost - Select this option to create a new asset with a specific dollar amount.
    • Percentage - Select this option to create a new asset with a value equal to a percentage of original asset.
    • Units - Select this option to divide based a total number of units in the asset.
    • Multiple Units - Select this option to divide the asset into any number of assets with an equal value.
  4. Enter the Total Cost to RemovePortion to RemoveTotal Units in Existing Asset, or Units to Remove, depending on how you choose to divide the asset. 
  5. Change the Original Asset Description and New Asset Description if necessary.
  6. Select Save when you're finished.

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