Overview of Transfer Split functionality in LLM can found in this article .

Property to be set for the below mentioned scenario 1:

i)TransferSplitEnabled = True
ii)TransferSplitEnabled.TransferOrderActivationCodeToTarget = false

1)Entitlement Details:

• Entitle the Source Account (View Account -> Entitle -> Entitle Account).
• Create two order lines in PP as shown below.

2)Allocation before Split:

• Check for the Activation Code under Allocations (View Entitlement -> View Allocations).
• We see that the Allocation is on account YT_SA4 for both the line items.

3) Create 2 Target Accounts :

4)Split a portion of quantity from One Line Item to target account 1 (YT_TA4) :

• Under Allocation Details Split Some Quantity(Quantity taken as 45 in the below example) from Source Account under Line Item 1.
• After Split we see that the quantity : 45 is under Target Account 1 with New Activation Code, and remaining quantity of 45 for this line item is under the Source Account with the original Activation Code.
• The second line item remains unchanged, with quantity of 10, still having the original Activation Code.

5)Transfer Order to target account 2 (YT_TA41):

As you can see from the screenshot, 

• When we transfer from Source to Target Account 2, new Activation Code is generated for both the Line Items that belonged to the source account, due to the property (ii) mentioned above.
• Allocation of 45 for Line Item 1(Allocated through Split in Step 4) continues to remain for Target Account 1(YT_TA4) with Activation Code at the time of Split.

Property to be set for the below mentioned scenario 2:

i)TransferSplitEnabled = True
ii)TransferSplitEnabled.TransferOrderActivationCodeToTarget = True

1)Entitlement Details:

• Entitle the Source Account (View Account -> Entitle -> Entitle Account).
• Create two order lines in PP as shown below.

2)Allocation before Split:

• Check for the Activation Code under Allocations (View Entitlement -> View Allocations).
• We see that the Allocation is on account YT_SA4 for both the line items.

3) Create 2 Target Accounts:

4)Split a portion of quantity from One Line Item to target account 1 :

• Under Allocation Details Split Some Quantity(Quantity taken as 50 in the below example) from Source Account under Line Item 1.
• After Split we see that the quantity : 50 is under Target Account 1 with New Activation Code, and remaining quantity of 40 for this line item is under the Source Account with the original Activation Code.
• The second line item remains unchanged, with quantity of 10, still having the original Activation Code.

5)Transfer it to target account 2 (YT_TA41):

As you can see from the screenshot, 

• When we transfer from Source to Target Account 2, Activation Code is retained for both the Line Items that belonged to the source account, due to the property (ii) mentioned above.
• Allocation of 50 for Line Item 1(Allocated through Split in Step 4) continues to remain for Target Account 1(YT_TA4) with Activation Code at the time of Split.