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EAM: How the RET and PDP Values are Getting Calculated When Retirement and LFE Crush are Done on the Same Month? (Doc ID 2765746.1)

Last updated on APRIL 08, 2021

Applies to:

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

Goal

How the RET and PDP Values are Getting Calculated When Retirement and LFE Crush are Done on the Same Month?

Below is the exact scenario:

"

  1. Add the asset:

- Cost: 10,000.00
- Trans date: 06 Jan 2018
- Accounting Date: 13 March 2018
- Life: 36
- Convention: FM
- Method: SL
- Profile 18-Desktop

       2. Run depreciation.

       3. Perform LFE crush:


- Trans date: 13 Jun 2018
- Accounting Date: 13 Oct 2018
- In Service date: 06 Jan 2018
- Convention: FM
- Calc. Type: LFE
- Method: SL
- Useful Life: 25

       4. Calculate depreciation.

       5. Retire the asset.

- Trans date: 13 Jun 2018
- Accounting Date: 13 Oct 2018


       6. Calculate depreciation.

- PDP - 2018 - Oct: -462.28
- RET - 2018 - Oct: -1760.00
"

Solution

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In this Document
Goal
Solution
References


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