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ELA: Incorrect PLP Accounting Entries When Interest Rate Is Updated Retroactively. (Doc ID 2553070.1)

Last updated on JANUARY 13, 2020

Applies to:

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

Symptoms

On : 9.2 version,

ACTUAL BEHAVIOR
---------------
ELA: Incorrect amounts on PLP accounting entries

Incorrect amounts are posted to PLP accounting entries when interest rate is updated retroactively.

EXPECTED BEHAVIOR
-----------------------
Need to have correct PLP amounts after amendment

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1.Add a lease.
2. Run depr, acctg entries and close on the asset.
3. Add an amendment to change the financial terms interest.
4. Run all the processes again.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot have correct entries on GL for closing.

Cause

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In this Document
Symptoms
Cause
Solution
References


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