Original ITEM_EFFECTIVE_DT Retained During Payment Swapping Creates an Issue with Accounting Lines Created
(Doc ID 2394983.1)
Last updated on APRIL 23, 2019
Applies to:PeopleSoft Enterprise CS Student Financials - Version 9 to 9.2 [Release 9]
Information in this document applies to any platform.
On Campus Solutions the original ITEM_LINE_SF.ITEM_EFFECTIVE_DT is used when a credit swaps from one account type to another. There may be several lines, each with a unique line sequences for the same item number on ITEM_LINE_SF. An increase in the credit amount may have a different ITEM_LINE_SF.ITEM_EFFECTIVE_DT. The accounting lines created for the increases, with an ITEM_EFFECTIVE_DT representative of when the increase occurred, are for the correct accounting period. However, the accounting lines created when the payment swaps, utilizing the original ITEM_LINE_SF.ITEM_EFFECTIVE_DT, are often in a prior accounting period.
Payment swapping from the item number after an increase in the amount, evidenced by an increase in the amount on ITEM_LINE_SF, uses the original ITEM_EFFECTIVE_DT to be used on accounting lines for any excess amount.
The ITEM_EFFECTIVE_DT of the most recent posting to the credit item should be retained for accounting lines for the excess.
The issue can be reproduced at will with the following steps:
1. Post an increase amount for a credit. The credit item was originally posted to the account on an earlier date;
3. Payment swapping occurs;
3. The reduction row on ITEM_LINE_SF uses the original item effective date and not an effective date reflective of the date the transaction occurred;
4. Upon posting to the new account type, the ITEM_LINE_SF.ITEM_EFFECTIVE_DT has the original item effective date of the credit;
5. Accounting lines for the transactions for the reversal and repost reflect an accounting date in the past.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document