EAM: ARO (Asset Retirement Obligation) Measurement Adjustment Calculates With Large Balance In Final Periods.
(Doc ID 3038834.1)
Last updated on AUGUST 08, 2024
Applies to:
PeopleSoft Enterprise FIN Asset Management - Version 9.2 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
ARO (Asset Retirement Obligation) measurement adjustment calculates accretion with large balance in final periods.
Replication Steps:
1) Add an asset with ARO checkbox checked.(Asset Management > Asset Transactions > Owned Assets > Express Add)
2) Do an ARO Measurement with life of 840 periods.(Asset Management > Asset Transactions > Asset Disposal > ARO Measurement)
3) Click Generate ARC button to create ARO asset id.
4) Run AMDPCALC process (Asset Management > Depreciation >Processing)
5) Run AMAEDIST Process (Asset Management > Accounting Entries > Create Accounting Entries)
6) Run AMDPCLOSE process (Asset Management > Accounting Entries > Close Depreciation)
7) Now add another ARO Measurement by changing the labor cost in ARO page Asset Management > Asset Transactions > Asset Disposal > ARO Measurement)
8) Now review Accretion schedule.
Result: Large amounts were placed in the last period.
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| References |