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ELA: While Using the Old Accounting Standards The LPY Accounting Entries Are Doubled After Changing the DEPTID Through an Amendment (Doc ID 2802496.1)

Last updated on AUGUST 27, 2021

Applies to:

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

Symptoms

The TRANS_TYPE LPY Accounting Entries are Doubled after changing the DEPTID through an Amendment while using the old Accounting Standards.

The system will create identical LPY Accounting Entries in the same period for both Department IDs.

After the amendment, the Base Rent Obligation Reduction (PS_RE_LS _TRM_SCHED OBLIGATION_REDUCE) sum amount is the total lease payment value.


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

1. Create a New Finance Lease using the old Accounting Standards and key in a DEPTID on the Asset Accounting Distribution

Navigation: Lease Administration > Payables Leases > Create New Payables Lease

2. Activate, Process the Payments and create the Accounting Entries

3. Create an Amendment and change the DEPTID to a new value.

4. Activate the Amendment, Create the Accounting Entries, and Close the Depreciation

Navigation: Asset Management > Accounting Entries > Close Depreciation

5. Review the Accounting Entries

Navigation: Asset Management > Accounting Entries > Review Financial Entries

 

Detailed DEMO Replication Steps Attached

Cause

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In this Document
Symptoms
Cause
Solution
References


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