How does BOLO transfer assets from one property to another?
BOLO keeps track of all inventory, and its present value for each property. The Material Transfer process allows you to select an asset from one property (or inventory yard) and transfer it to another property. At this point, you define the condition and the current market value of the asset. The system will calculate the book value of the asset as well as gains/losses on the sale portion of the transfer. Credit is given to the original property (and the appropriate owners) and billed to the new property and owners.
