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ELA: LPY Entries Are Not Created For Migrated Leases (Doc ID 2831592.1)

Last updated on MARCH 16, 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


Migrated Lease Does Not Generate LPY Entries when DPClose is run.

Steps:

   1. Validated environment has not transitioned, review LA Installation Options.
(Navigation: Set Up Financial/Supply Chain > Install > Instalation Options)

   2. Create Operating Lease via Express Add back date a couple of months to mimic history.
(Navigation: Asset Management > Asset Transactions > Leased Assets > Express Add)

   3. Run DP Close for next 2 cycles.
(Navigation: Asset Management > Accounting Entries > Close Depreciation)

   4. Review Accounting Entries and shows LPY entries.
(Navigation: Asset Management > Accounting Entries > Review Operating Leases)

   5. Start Migration process specific to BU and Lease and accepted delivered setups—except where noted.
   6. Selected LA Business Unit.
   7. Assigned Lease Attributes Defaults.
   8. Run Data Migration.
   9. Review Lease in LA General tab, Financial Terms, Base Rent, and Preview Payments
(Navigation: Lease Administration > Payables Leases > Maintain Lease)

   10. Generate Straightline Schedule.
(Navigation: Lease Administration > Integrations > Generate Straghtline Schedule)

   11. Run DPClose.
(Navigation: Asset Management > Accounting Entries > Close Depreciation)

   12. Review Accounting Entries does not have LPY entries.
(Navigation: Asset Management > Accounting Entries > Review Operating Leases)

Issue: no LPY entries were created.

NOTE: In the <images, examples, video > and/or the attached document, user details/company name/address/email/ telephone number all represent a fictitious sample from the Oracle Demo Version Database.

Any similarity to actual companies or actual persons, living or dead, is purely coincidental and is in no way intentional on the part of Oracle

 

Cause

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In this Document
Symptoms
Cause
Solution
References


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