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EAM: AM_AMAEDIST Process Creating Accounting Entries in DIST_LN With Transaction Currency Same as Base Currency of the Book, for RET Transaction (Doc ID 2852912.1)

Last updated on APRIL 12, 2022

Applies to:

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

Symptoms

 When an asset created with a foreign currency is retired, it is observed that AM_AMAEDIST process is creating accounting entries in DIST_LN table with transaction currency same as book's base currency.

Note : Trans Currency Translation flag is not selected on AM installation options.( Menu > Set Up Financials/Supply Chain > Install > Installation Options > AM Installation Options).

Steps:

1) Create an asset with 1000 GBP under US001.
   Menu > Asset Management > Asset Transactions > Owned Assets > Basic Add.

2) Calculate Depreciation.
    Menu > Asset Management > Depreciation  > Processing > Calculate Depreciation.

3) Create accounting entries.
    Menu > Asset Management >Accounting Entries > Create Accounting Entries.

4) Close depreciation.
     Menu > Asset Management >Accounting Entries > Close Depreciation.

5) Dispose asset as scraped asset.
    Menu > Asset Management > Asset Transactions > Asset Disposal > Retire\Reinstate assets.

6)  Calculate Depreciation.
    Menu > Asset Management > Depreciation  > Processing > Calculate Depreciation.

7) Create accounting entries.
   Menu > Asset Management >Accounting Entries > Create Accounting Entries.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
  
References


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