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ELA: Amendments For Prior Periods For Yearly Leases Creates Wrong Accounting Entries And Wrong Journal Entries. (Doc ID 2830945.1)

Last updated on JANUARY 03, 2022

Applies to:

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

Symptoms

 

 

Creating wrong Journal entries for the Amendments which has Prior periods for Yearly Leases.

1) Add an yearly lease. (Lease Administration > Payables Leases > Create New Payables Lease)

2) Create yearly calendar and yearly schedule. (Setup Financials/Supply Chain > Common Definitions > Calendar/Schedules/ Create Schedules)

3) Run straightline process (Lease Administration > Integrations > Generate Straighline Process)

4) Add an amendment and change the escalation.

5) Run straightline process. 

6) Run Depreciation, Accounting entry process on Asset (Asset Management > Depreciation > Processing)

7) Add another amendment and update the escalation amounts.

 

Cause

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In this Document
Symptoms
Cause
Solution
References


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