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EAM: 9.1 Brazil - Accounting Entries for Retirement with Multi-currency Leaves Books Out of Synch. (Doc ID 2525829.1)

Last updated on SEPTEMBER 01, 2021

Applies to:

PeopleSoft Enterprise FIN Asset Management Brazil - Version 9.1 and later
Information in this document applies to any platform.

Symptoms

On : 9.1 version, Accounting Entries

ACTUAL BEHAVIOR
---------------
Unbalanced on gain and loss retirement AM

We are facing an issue on gain loss calculation when we have different market rates to ADD and RET transaction.

The issue is that the RET transaction generate balanced entry lines to USD book and is not balanced between the books (USD to BRL).


EXPECTED BEHAVIOR
-----------------------
Expect books to be in synch and create a balanced journal entry for gain/loss.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Set Market Rates
2. Add Asset
3. Adj Accumulated depreciation on Brazil books
4. Run AM_DEPR_CALC
5. Change Market rate
6. Retire asset by sale
7. Run AM_DEPR_CALC
8. Run AM_AMAEDIST

BUSINESS IMPACT
-----------------------
The issue has the following business impact:  users cannot rely on balanced books--as they do not reconcile in amounts to each other.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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