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 MAY 09, 2023

Applies to:

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

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.