diff --git a/erpnext/assets/doctype/asset_movement/asset_movement.json b/erpnext/assets/doctype/asset_movement/asset_movement.json
index 5382f9e75f2..1bd1ad83ead 100644
--- a/erpnext/assets/doctype/asset_movement/asset_movement.json
+++ b/erpnext/assets/doctype/asset_movement/asset_movement.json
@@ -33,7 +33,7 @@
    "fieldname": "purpose",
    "fieldtype": "Select",
    "label": "Purpose",
-   "options": "\nIssue\nReceipt\nTransfer",
+   "options": "\nIssue\nReceipt\nTransfer\nTransfer and Issue",
    "reqd": 1
   },
   {
@@ -93,10 +93,15 @@
    "fieldtype": "Column Break"
   }
  ],
+ "grid_page_length": 50,
  "index_web_pages_for_search": 1,
  "is_submittable": 1,
  "links": [],
+<<<<<<< HEAD
  "modified": "2023-06-28 16:54:26.571083",
+=======
+ "modified": "2025-05-30 17:01:55.864353",
+>>>>>>> f5e5146021 (feat: added Transfer and Issue option in purpose)
  "modified_by": "Administrator",
  "module": "Assets",
  "name": "Asset Movement",
@@ -149,7 +154,12 @@
    "write": 1
   }
  ],
+<<<<<<< HEAD
  "sort_field": "modified",
+=======
+ "row_format": "Dynamic",
+ "sort_field": "creation",
+>>>>>>> f5e5146021 (feat: added Transfer and Issue option in purpose)
  "sort_order": "DESC",
  "states": []
-}
\ No newline at end of file
+}
diff --git a/erpnext/assets/doctype/asset_movement/asset_movement.py b/erpnext/assets/doctype/asset_movement/asset_movement.py
index d51971c04e8..0c986d086ce 100644
--- a/erpnext/assets/doctype/asset_movement/asset_movement.py
+++ b/erpnext/assets/doctype/asset_movement/asset_movement.py
@@ -24,7 +24,7 @@ class AssetMovement(Document):
 		amended_from: DF.Link | None
 		assets: DF.Table[AssetMovementItem]
 		company: DF.Link
-		purpose: DF.Literal["", "Issue", "Receipt", "Transfer"]
+		purpose: DF.Literal["", "Issue", "Receipt", "Transfer", "Transfer and Issue"]
 		reference_doctype: DF.Link | None
 		reference_name: DF.DynamicLink | None
 		transaction_date: DF.Datetime