EAM: Revaluation Worksheet with `Copy Revaluation to Other Books' Is Turned Off, but Accumulated Depreciation Is Created on the Tax Books. (Doc ID 2003296.1)

Last updated on AUGUST 17, 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

Running the revaluation, not copying to other books. The cost of the tax books are remaining at the old cost.  However, it is reducing the accumulated depreciation to those books equal to the depreciation write off for the corp book.

EXPECTED BEHAVIOR
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Expecting the other books to not have revaluation nor accumulated depreciation

REPLICATION STEPS
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1. Go to Revaluation Worksheet.
2. Uncheck 'Copy Revaluation to Other Books'
3. Change the transaction date to 7/yyyy-1.  Accounting date is today's date.
4. Click on Retrieve button.
5. Select the asset to be revalued, key in a Fair Value amount.
6. Save.
7. Run AM_DEPR_CALC.

 

Cause

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