AM: ARO Accretion Sched Accreting Beyond Future Value As Established On The Measmnt Date

(Doc ID 2176757.1)

Last updated on AUGUST 26, 2016

Applies to:

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

Symptoms

ODM Issue Clarification
The ARO accretion schedules are accreting beyond the future values as established on the measurement date.
For example-
Measurement on 10/31/2012 for 4 years, Inflation rate of 3.040 and Credit Adj Risk Rate of 8.090 resulted in a future value of $9,830,435.22; both online and querying the accretion schedule for this asset show that on the 48 accretion period that $9,838,905.80 will be accreted.
This is only one ARO measurement, this is happening on many other measurements.
A trigger needs to be added to ARO accretion process to not allow for over accretion to occur.

Replication steps:
1. Add an ARO asset
2. Define ARO measurement spreadsheet and populate the data needed
3. Upload the ARO measurement spreadsheet AM_LOAD process
4. See the ARO measurement
ODM Issue Clarification

Cause

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