ELA: Unbalanced RET Accounting Entries Are Generated On DIST_LN For Lease Expiration With Underlying Assets Retired Using Retirement By Sale Option. (Doc ID 2947929.1)

Last updated on NOVEMBER 27, 2024

Applies to:

Symptoms

System was creating Unbalanced Journal when the Lease was expired and the underlying asset was retired using Retirement by sale option.

The issue can be reproduced at will with the following steps:

1) On the LA BU definition page (Setup Financials/Supply Chain > Business Unit Related > Lease Administration > LA BU definition), do the following:

a. Check Recognize Monthly Expenses checkbox

b. Select Proration Method as 'No Proration'

2) Add a new equipment lease.(Lease Administration > Payables Leases > Create New Payables Lease)

3) Activate the lease.

4) Run AMDPCALC Process (Asset Management > Depreciation > Processing >Calculate Depreciation)

5) Run AMAEDIST process (Asset Management > Accounting Entries > Create Accounting Entry)

6) Run AMDPCLOS  process (Asset Management > Accounting Entries > Close Depreciation )for few periods.

7) Expire the Lease. (Lease Administration > Payables Lease > Maintain Payables Lease > Open Existing Lease > Click Expire from the drop down)

8) Retire the underlying asset with option "Retirement by sale".

9) Run all the processes AMDPCALC, AMAEDIST and AMDPCLOS as mentioned above.

Result: Unbalanced RET entries are generated on DIST_LN.

Replication_Steps

Changes

Cause

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