My Oracle Support Banner

EAM: For An Asset With Foreign Currency, Accumulated Depreciation Is Not Converted To The Base Currency Of the Business Unit In Depreciation Table. (Doc ID 3000530.1)

Last updated on JANUARY 28, 2024

Applies to:

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


 For a foreign currency BU, the asset with accumulated depreciation is stored incorrectly in Depreciation table.


Replication Steps:


1) Navigate to Menu > Asset Management > Asset Transactions > Owned Assets > Express Add and add a new asset in BU with USD base currency.

2) Select currency as INR while adding transaction.

3) Enter the cost of the asset as 1000 INR.

4) Enter accumulated depreciation as 150.

5) Save the asset and calculate depreciation.

Result:  The asset accumulated depreciation is not converted into base currency which is USD.




To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!

In this Document

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