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ELA: Depreciation Calculated Is Incorrect If The Lease Starts In Between The Months Instead of Start Day of the Month. (Doc ID 2993825.1)

Last updated on FEBRUARY 25, 2024

Applies to:

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


Depreciation Calculated is incorrect if the lease starts in between the months instead of start day of the month.

Replication Steps:

1) Add a Lease (Lease Administration > Payables Lease > Create New Payables Lease) with start date on 14/08/2023 and ends on 08/10/2023.
2) Activate the Lease.
3) Run the Depreciation process for the asset that was created in Lease. (Asset Management > Depreciation > Processing)




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