EAM: RETIREMENT AFTER COST ADJ CREATES UNBALANCED JOURNAL ENTRIES - VAT BU (Doc ID 2165058.1)

Last updated on JULY 26, 2016

Applies to:

PeopleSoft Enterprise FIN Asset Management - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

On : 9.2 version, PUM # 17. Accounting Entries

 

ACTUAL BEHAVIOR  
---------------
OUT OF BALANCE ENTRIES FOR RET WHEN COST ADJUSTED TO ZERO  


STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. ADD ASSET (PROFILE = FURNITURE) ON 2014/01/01 FOR VALUE 200000
2. RUN AM_DEPR_CALC
3. CREATE ACCOUNTING ENTRIES
4. ADJ ON 2015/11/30 SO COST VALUE OF THE ASSET IS REDUCED BY -130 000
5. RUN AM_DEPR_CALC AND REVIEW DEPRECIATION - NEGATIVE 88 PER MONTH AND NEGATIVE
NBV
6. CREATE ACCOUNTING ENTRIES
7. RETIRE ASSET - ASSET COMPLETELY BROKE 2015/12/30
8. RUN AM_DEPR_CALC
9. CREATE ACCOUNTING ENTRIES

Unbalanced accounting entries are created.


 

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot create balanced accounting entries

Cause

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