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    David Cesteros
    When we create a PO using Asset Clearing Account, Budgeting...
    Topic posted July 6, 2017 by David CesterosRed Ribbon: 250+ Points 
    66 Views, 6 Comments
    Title:
    When we create a PO using Asset Clearing Account, Budgeting Control not make sense
    Summary:
    If we used the Asset clearing account when we create a PO the budgeting control not make sense.
    Content:

    If we used the Asset clearing account when we create a PO the budgeting control not make sense.

    We checked if is possible to create an Asset in a different way using Purchasing Module, but the only way that we found is using the Asset Clearing Account. If we used that account Budgeting Control not make sense

      I attach a document explaining the problem.

    Comment

     

    • Ivan Pena

      Hi David,

      I'm a little bit confused about why an expenditure for -250 is created, as transferring the asset from AP to Assets should not have any budgetary control impact.Instead, given that the PO schedule is marked for accrue at receipt, when the receipt happens, the obligation should have decreased by -250  and the expenditure should have increased by 250.

      Could you please log a bug for the budgetary control team to investigate?

      Thanks,

      Ivan

       

       

       

       

      • David Cesteros

        Hi Ivan

        I agree that not make sense that behavior

        Thanks for your response. I already opened a SR with Oracle support

        We will see if it is a bug...

    • Ivan Pena

       

      Hi David,

      I discussed with the budgetary control team. This is not a bug but the combination of  2 issues:

      1. Because the scheduled as marked as 'Accrue at Receipt" the obligation will be relieved and the funds moved to the expenditure bucket upon receipt.

      2. You need to exclude the "Assets" source from budgetary control on the Manage Budgetary Control task. In this case, it looks like the asset creation journal is going through budgetary control, and for this reason the negative (250) expenditure is being created.

      Ivan  

       

      • David Cesteros

        Thanks for your update. It seems good news

         When I try to change, this warning is retrieved:

        Are you aware if we will have any problem if we change it?

         

         

        Changing the budgetary control or encumbrance accounting settings may invalidate the existing data for the ledger IESE ES. Do you want to continue?

         

    • Ivan Pena

      Hi David,

      I suggest you ask this in the SR.

      Ivan