EAM: Retiring Asset Creating Depreciation. (Doc ID 1668679.1)

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

Asset has a retirement, reinstatement and retirement transactions. The asset is fully depreciated. The last retirement transaction has transaction date < accounting date. AMDPCALC leaves a net book value by inserting a PDP amount.

EXPECTED BEHAVIOR
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The PDP amount seems to be extra which causes the asset to have a net book value. After a retirement, an asset cost should add up to zero.

Cause

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