OK, thank you.  I need to set up a new SEP under the corp.  Thank you for answering that.  My question stands though.

When I roll it over and it becomes a asset on the corporation balance sheet, what are the journal entries?

On my balance sheet, it will be an Other Asset but it will also be a Liability correct?  Sometimes there are situations like the end of the year where I will effect an employer contribution, BUT not move the money yet since it is not required until the business actually files taxes.  There would then be two different liability accounts?  One for the undeposited contribution and the other for the fact that it is a liability owed to the employee?

- Other Asset

- Liability (since it is the property of myself the employee)

- Liability for undeposited employer contributions

Can you walk me through the journal entries?

If it helps, there are no other employees.  I am 100% shareholder and the only employee.