EAM: Asset Gain And Loss Entries Are Not Appearing On Accounting Entries For Assets Without Cost Type (Doc ID 2018475.1)

Last updated on FEBRUARY 02, 2017

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

 

ACTUAL BEHAVIOR
--------------------------
Gain and loss accounting entries are not getting created when assets have blank cost type.


EXPECTED BEHAVIOR
-----------------------------
Need to have correct accounting entries for blank cost type.

STEPS
----------
The issue can be reproduced at will with the following steps:
1. Add an asset.
2. Update the cost type to blank for RET.
3. Run depreciation.
4. Run Accounting entries.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, balanced accounting entries are not being created

 

 

Cause

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