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EAM: Asset Management Book for Leased Assets Requires Separate Depreciation and Accounting Entries (Doc ID 2548719.1)

Last updated on JUNE 17, 2022

Applies to:

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


How can we create a separate book to process only Leased Assets? Only Asset Profiles for Lease will utilize this book. The book configuration must be flexible enough to run depreciation and accounting entries separately for the Assets. When we attempt to configure this, the following error message is returned while saving Business Unit Definition with the new book:

"You cannot associate Ledger Group/Ledger/Book Code Distribution Group Combination with more than one book. (8035, 4)
You have already associated  Ledger Group/Ledger/Book Code Distribution Group Combination with another book. This will create duplicate entries in GL. You should select another combination of  Group/Ledger/Book Code Distribution Group. "


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