AM_DEPR_CALC no longer calculate Bonus Depreciation after an Asset is Suspended, Recategorize and Resume.
(Doc ID 1668694.1)
Last updated on SEPTEMBER 21, 2023
Applies to:
PeopleSoft Enterprise FIN Asset Management - Version 9.1 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
AM_DEPR_CALC no longer calculates Bonus Depreciation after an asset is suspended, recategorized and resumed.
Replication steps:
1. Add a asset with 50% bonus depreciation for the Federal book. E.g: trans date 6/28/13 actg dt 10/1/13
2. Rum AM_DEPR_CALC --> federal book will calculate the bonus depreciation
3. Suspended the asset - use trans date./actg date -6/28/13 /12/31/13
4. Rum AM_DEPR_CALC --> depreciation will be reversed.
5. Re-categorized the asset - change the category - use trans date./actg date -6/28/13 /12/31/13
6. Rum AM_DEPR_CALC -- nothing changed
7. Resume the asset - use trans date./actg date -10/01/13/12/31/13
8. Rum AM_DEPR_CALC -- Look into Federal book, no bonus depreciation is calculated.
Expected result:
Bonus depreciation should be calculated even after an asset is suspended and re-categorized.
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |