Last updated on SEPTEMBER 15, 2016
Applies to:PeopleSoft Enterprise FIN Asset Management - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
In release 9.1, bundle #25, Demo, after creating an Operating lease asset and associated LPY (lease payment) accounting entries for it, when running Journal Generator, the entries are not picked up.
Because of this, we cannot create journals for lease payments from Operating leases.
Steps to replicate:
1. Set Up Financials/Supply Chain-->Product Related-->Asset Management-->Financials-->Payment Schedule QT (quarterly). Check “Prorate Lease Expense”
2. Create a new Operating lease:
a. profile Leased Car, dates 4/1/2013, vendor 44, term 24, rate 5%, schedule Quarterly, MRP 3000, Advance, Operating.
b. Go to Operating Chartfields and enter LAUTO
c. Hit Calculate. Save.
3. Go to AM, Asset Transactions, Leased Assets, Create Payment schedule
4. Go to AM, Accounting Entries, Close Depreciation – Run AM_DPCLOSE for BU US001, book CORP, 2013 period 4, asset id range from #2.
5. Run Journal generator.
Expected Journal generator to pick up the entries.
Journal generator did not pick up the entries.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms