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EAM:Should Cost of the Asset Not Include VAT for Purposes of Threshold Validation? (Doc ID 2874897.1)

Last updated on JUNE 10, 2022

Applies to:

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


Should cost of the asset not include VAT for purposes of threshold validation?
When it passes the threshold, should the cost of the asset include VAT and be part of the depreciable cost?
Should Asset item as purchased with VAT but the asset cost exclude VAT and depreciate excluding VAT?


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