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EAM 9.2 - Accounts Are Different For Asset Impairment Transaction In DIST_LN And DEPR_RPT Record (Doc ID 2795571.1)

Last updated on AUGUST 11, 2021

Applies to:

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

Symptoms


Accounts are different for Asset Impairment transaction in DIST_LN and DEPR_RPT record

Asset was added and accounting entry for Fixed Asset account say 12345 is created. Then Asset was impaired and the impairment adjustment transaction was created for a different fixed asset account say 12346 as per accounting entry (setup for ADD and ADJ) setup.
Depreciation reports for the impairment transaction contains old FA account 12345 (Account for Asset Add) where the distribution line contains the correct account i.e. 12346 as this is an ADJ row.

Thus causing discrepancy for between AM net book value (based on DEPR_RPT) AMDP2100 and GL Trial balance.


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



1. Ensure that accounting template for Add for type Impairment has a different account that Adjustment
2. Create an Asset by express add
3. Run Depreciation
4. Create accounting entries
5. Run Depr Report
6. Perform Impairment Adjustment
7. Run Depreciation
8. Create Accounting Entries
9. Review Accounting entries to see different accounts are selected for Add and Adj
10. Run Depr report again
11. Extract DEPR_RPT and you will see the accounts are same as 'ADD' even for impairment rows.

Please find the replication document attached

Cause

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In this Document
Symptoms
Cause
Solution
References


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