EAM: Transferred In Assets Over Depreciate after Bonus Applied Retroactively via AMSEC101
(Doc ID 1578851.1)
Last updated on FEBRUARY 08, 2019
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 applying bonus retroactively to assets which had been transferred in, depreciation was overstated.
Incorrect depreciation causing negative NBV for assets where bonus was applied.
However assets which didn't have bonus applied are correct.
Steps to replicate:
1. Add assets to BU US001 with dates 3/1/2013, cost $60,000.
2. Run am_depr_calc.
3. Transfer assets to BU US001 -- one with date 3/1/2013, one with date 4/1/2013.
4. Run am_depr_calc.
5. Apply bonus retroactively to the Federal book/Run AMSEC101 in Extract only mode.
6. Apply bonus retroactively to the Federal book/Run AMSEC101 in Prepare for Depreciation mode.
7. Run am_depr_calc.
Expected bonus to be applied to the transferred in assets and NBV to be 0 at the end of the life.
Depreciation was overstated (e.g. one asset's depreciation summed to 75,000 instead of 60,000)
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