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EAM ARG 9.1:Incorrect Inflation Adjustment Accounting Entries for Retirements. (Doc ID 2894912.1)

Last updated on SEPTEMBER 13, 2022

Applies to:

PeopleSoft Enterprise FIN Asset Management Argentina - Version 9.1 to 9.1 [Release 9]
Information in this document applies to any platform.

Symptoms

FIN AM ARG 9.1 - Inflation adjustment accounting entries for retirements
Incorrect accounts are used by the system when calculating inflation adjustment for a retired asset.
After retirement, inflation adjustment accounting entries would reflect correct accounts.
It should not use the same accounts as the ones for an ordinary non-retirement.

Steps to replicate:

1.  Add an Asset, making sure period is open. (Asset Management > Asset Transactions > Owned Assets > Basic Add)
2.  Run Depreciation Calculation. (Asset Management > Depreciation > Processing > Calculate Depreciation)
3.  Run Depreciation Close. (Asset Management > Accounting Entries > Close Depreciation)
4.  Run Inflation Adjustment. (Asset Management > Accounting Entries > Calculate Inflation)
5.  Run Retirement.  (Asset Management > Asset Transaction > Asset Disposal > Retire/Reinstate Asset)
6.  Run Depreciation Calculation. (Asset Management > Depreciation > Processing > Calculate Depreciation)
7. Run Depreciation Close. (Asset Management > Accounting Entries > Close Depreciation)
8. Run Inflation Adjustment. (Asset Management > Accounting Entries > Calculate Inflation)

Cause

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In this Document
Symptoms
Cause
Solution
References


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