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ELA9.2: How To Reverse Expired Lease In Lease Administration? (Doc ID 2525917.1)

Last updated on JULY 21, 2020

Applies to:

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

Goal

Is there a way to reverse or reinstate an expired lease? A leased asset was not retired properly during the Lease expiration process. The lease is expired but the asset is still in-service.
When attempting to retire the asset on the Asset Management Retire/Reinstate Asset page, the following error message is returned: "Transaction cannot be performed on this asset through Asset Management, Financial Transactions on this asset should be performed through Lease Administration"
 

Solution

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In this Document
Goal
Solution
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