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Asset Lifecycle Management - PSFT (MOSC)

Converting Fixed Assets; need PDP and ADD in period before we start to depreciate on PeopleSoft

Aug 13, 2013 1:34PM edited Aug 14, 2013 12:45PM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered

I am working on a project to convert Fixed Assets from another system into PeopleSoft.

I am using the CN1, CN2 trans types to convert the assets.

I am also overriding the PeopleSoft Life by not defaulting from the Profile.

Here is my issue: I want the PDP for Accumulated Depreciation to be created in the period BEFORE these assets become active in PeopleSoft.

And that is where I also want the COST Accounting ADD Entry.

Example: We will convert these assets into PeopleSoft as of the end of Dec 31, 2013. So we want to start depreciation in PSOFT on Jan 2014.

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