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EAM: When adding accumulated depreciation, how is depreciation in the period in which the accum was added calculated? (Doc ID 1062068.1)

Last updated on JULY 22, 2020

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 8.8 to 9.2 [Release 8.8 to 9]
Information in this document applies to any platform.
***Checked for relevance on 18-Feb-2013***
***Checked for relevance on 01-Sep-2017***

Symptoms


When adding accumulated depreciation, depreciation was removed in the period in which the accum was added. How is this amount calculated and what does it represent?

Expected Behavior
-------------------------
Expect to be able to add accumulated depreciation and to either not have depreciation removed or to have a predictable amount of depreciation removed.

Steps
--------------
This issue can be replicated by performing the following steps:
1) Create an asset.
2) Enter accumulated depreciation for the last period of the 1st year of depreciation.
3) Calculate the depreciation.


Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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