Asset Lifecycle Management - PSFT (MOSC)

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Depreciation Bonus Retro Calculation

edited Jun 14, 2016 8:01PM in Asset Lifecycle Management - PSFT (MOSC) 4 commentsAnswered

Could someone share the exact steps for depreciation bonus retro calculation?

I have a few assets that were added in PeopleSoft after the configuration for the 2015-2017 bonus calculation was done. However due to an effective date issue, the system did not calculate bonus on these assets. Basically some of the profiles weren't updated correctly.

Now I am trying to do a retro calculation. Here are the steps I am doing:

  • Updated the bonus depreciation page in Setup Financials > Product related > Asset Management > Depreciation >  Depreciation Bonus
  • Ran the process to update the profiles. Asset Management > Depreciation > Bonus Retro Calculation >Bonus Update Profile. The profiles got updated

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