Does moving assets between non-inventory locations have any financial impact?

Moving assets between non-inventory locations does not have any financial impact because these transactions typically involve the redistribution of assets within the same organizational or operational area. Non-inventory locations are places where assets are not tracked for inventory valuation—such as maintenance shops or other operational zones. Therefore, the movement of assets among these locations does not affect the financial records, as there is no change in the ownership or valuation of those assets.

In contrast, moving assets between inventory locations can have financial implications since it usually involves the recognition of asset costs or adjustments to valuation based on inventory accounting practices. Similarly, asset movement to or from different financial-managed sites could impact financial records. In this scenario, since the assets remain within non-inventory locations, their overall financial status remains unchanged.