EAM: Assets With FMV Less Than NBV is Get Excluded and Revaluation in Mass Process Calculates Incorrect COST (Doc ID 2046395.1)

Last updated on AUGUST 21, 2015

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 9 and later
Information in this document applies to any platform.

Symptoms

On : 9 version, Functionality


ACTUAL BEHAVIOR
---------------

Revaluation in mass calculates wrong cost


EXPECTED BEHAVIOR
-----------------------

Fair Value should be correct
-----------------------


REPLICATION STEPS
=================
Test 1 (reevaluation worksheet)
-Create asset 100 with amount 45000
-Launch depreciation and reporting
-Revaluation worksheet
-Select the asset , fill in with Fair Value 50000, Click on Mark to update FV
button . click save
-Check FV is 50000 = correct
-Cost 45000 correct
-Search again the asset ,mark the asset, and Click on mark to reevaluate
button
-save
-Cost 50000 which is correct


Test 2 (Mass change)
-Create new asset 101 with the same details as 100 and amount 45000
-Lunch depreciation and reporting
-Cost 45000 correct
-on Financial Transaction > Fair value menu -Click On ADD instead of search
and change the Fair Value from 45000 to 50000 and save
-Mass change Revaluation in Mass- revaluation method cost Based , check Use
Fair Value - use Process AMREVAL
-Normally we should have here a cost of 50000 instead of 45000 on Asset
depreciation review. Incorrect


Test 3 , (continue test 1 on asset 100). Click on correct history and then +
and set date to 06272014 and add on the new line 51000
-Mass change Revaluation in Mass- revaluation method cost Based , check Use
Fair Value - use Process AMREVAL
-Result is 96000 and should be 51000. Incorrect

Cause

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