EAM: Currency Conversion Results in Different Amounts Between Add and Inter-Unit Transfer Transactions
Last updated on JANUARY 10, 2017
Applies to:PeopleSoft Enterprise FIN Asset Management - Version 9.1 and later
Information in this document applies to any platform.
The add transaction and the inter-unit transfer will calculate the conversion of a currency differently. The results are of a fraction of 1 cent.
The result of the currency conversion should yield the same amount, no matter the transaction.
Steps to replicate
Using Express Add, create asset with INR currency for the amount of 7393 in BU US001. And calculate depreciation.
Then create another asset in the IND01 BU which uses currency INR. Then transfer this asset to BU US001.
Compare the cost on both US001 assets. The cost is different by a fraction of 1 cent.
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