EAM: Transferred In Assets Over Depreciate after Bonus Applied Retroactively via AMSEC101 (Doc ID 1578851.1)

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.

Symptoms

In release 9.1 bundle #25, Demo, after applying bonus retroactively to assets which had been transferred in, depreciation was overstated.

Business Impact:
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 results:
Expected bonus to be applied to the transferred in assets and NBV to be 0 at the end of the life.

Actual results:
Depreciation was overstated (e.g. one asset's depreciation summed to 75,000 instead of 60,000)

Cause

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