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ELA: Incorrect Accum Amortization And NBV For Assets Associated With Lease IUT, Reclassification, Expire With Asset Retire, Amendment With Chartfield Change (Doc ID 2649923.1)

Last updated on APRIL 03, 2020

Applies to:

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

Symptoms

Incorrect Accum amortization and Net Book Value for Assets associated with a Lease when a Lease is subjected to Expire Lease with Asset Retire, Inuterunit Transfer, Reclassification, Amendments (both current dated and back dated) to Change chartfields etc..


The issue can be reproduced at will with the following steps:

A. Expire Lease back dated

1. Add a Lease and activate it. Process Lease for few periods.
2. Expire the lease with Asset Retire.
3. Retire the asset.
4. Process Lease further.
5. Run process to load Net book value table and run report.

B. Lease Interunit Transfer

1. Add a Lease and activate it. Process Lease for few periods.
2. Perform interunit lease transfer
3. Process lease & calculate source asset depreciation again.
4. Run process to load Net book value table for source and target asset.

C. Lease Reclassification

1. Add a Lease and activate it. Process Lease for few periods.
2. Amend lease to change classification
3. Process lease further.
4. Run process to load Net book value table for source and target asset.

D. Lease Amendment to change Chartfield current date or back dated

1. Add a Lease and activate it. Process Lease for few periods.
2. Amend lease to change any chartfield e.g. department.
3. Process lease further.
4. Run process to load Net book value table for source and target asset.

NBV data for all scenarios also attached.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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