Asset Lifecycle Management - PSFT (MOSC)

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Why does the asset load process bump the accounting_dt to the first day of the next period?

edited Feb 3, 2015 7:28PM in Asset Lifecycle Management - PSFT (MOSC) 3 commentsAnswered

We are currently implementing PeopleSoft AM and have noticed that our accounting and transactions dates are getting bumped to the first day of the next period. 
We have found the support solution EAM: How to set conversion options in the AMIF1000 Application Engine process as was done when it was an SQR (Doc ID 639158.1).

1) What is the business reason for the dates to get bumped forward.
2) If we make the change, is there any impact on depreciation calculations?

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