EAM: ARO(Asset Retirement Obligation) Asset With Full Settlement Reinstated Accounting Entries Are Created Incorrectly. (Doc ID 3015114.1)

Last updated on APRIL 08, 2024

Applies to:

Symptoms

 ARO(Asset Retirement Obligation) Asset with full settlement reinstated accounting entries are created incorrectly.


Replication Steps:

1) Add an asset in ARO BU.(Asset Management >Asset Transactions > Owned Assets> Basic Add)

2) Navigate to (Asset Management > Asset Transactions > Asset Disposal > ARO Measurement and do an ARO adjustment.

3) Calculate Depreciation process.(Asset Management > Depreciation> Processing)

4) Create Accounting Entry process.(Asset Management > Accounting Entries > Create Accounting Entry Process)

5) Create Close depreciation process.(Asset Management > Accounting Entries > Close Depreciation process)

6) Do a full settlement for the ARO asset.(Asset Management > Asset Transactions > Asset Disposal > Retire/Reinstate asset and do a retirement)

7) Run all the processes above AMDPCALC, AMAEDIST, AMDPCLOSE

8) Do an Reinstatement for the above disposed asset.(Asset Management > Asset Transactions > Asset Disposal > Retire/Reinstate asset and do a reinstatement)

9) Run all the processes again.

Replication_Steps

Changes

Cause

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