EAM: Unable To Recategorize An Asset In AM Module
Last updated on OCTOBER 10, 2016
Applies to:PeopleSoft Enterprise FIN Asset Management - Version 9.1 and later
Information in this document applies to any platform.
Getting an error message while re-categorizing the Asset on Cost Adjust/Transfer Asset page
CCA Amount cannot be negative
1.) Create an asset: with in service date, asset acquisition date as 01/01/2011.
Provide the profile as ¿Computers¿ which is a depreciable profile.
2.) Capitalize the asset
3.) Run depreciation
4.) Do an transaction adjustment with transaction and accounting date as current date 01/11/2013
5.) Run Depreciation
6) Now try to re-categorize the asset to a NON-DEPRECIABLE category WIP.
Change the Transaction to the asset in-service date (01/01/2011).
7) Change the category to WIP
8) Click on SAVE.
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