Book Image

Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation

By : Ranjeet Yadav
Book Image

Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation

By: Ranjeet Yadav

Overview of this book

PeopleSoft financial management applications have been recognized as a leading ERP product across a wide range of industries that helps organizations automate their accounting operations, cut costs, and streamline business processes. They offer industry leading solutions for organizations' global needs, however complex they may be. PeopleSoft Enterprise Financial Management 9.1 Implementation is probably the only learning resource for a novice practitioner, who may otherwise have to rely on thousands of pages of documentation for such a complex ERP system. This book covers all the crucial elements of PeopleSoft Financials—a business processes, configuration, and implementation guide. This is the ideal one-stop resource before entering the world of PeopleSoft implementation. Beginning with the fundamentals of a generic financial ERP system, this book moves on to basic PeopleSoft concepts and then dives into discussing the individual modules in detail. You will see how to leverage financial modules such as Billing, Accounts Receivable, Accounts Payable, Asset Management, Expenses, and General Ledger. Dedicated chapters discuss key PeopleSoft features such as application security and commitment control for budgeting. You will learn fundamental ERP concepts such as the chart of accounts, used by organizations for recording and reporting financial transactions, and how to implement them in PeopleSoft through chartfields, business units, and SetIDs.
Table of Contents (16 chapters)
Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Entering bill data


As we briefly saw in the invoice lifecycle, bills can be entered into the PeopleSoft system manually or through an interface from other PeopleSoft modules or non-PeopleSoft systems. We'll now discuss these approaches in detail. Note that manual bill entry is appropriate when the bill volume is relatively small. Usually for large organizations, the bill data volume is quite high and originates from other sources. For such situations, manual entry is certainly not an option and an automated interface needs to be employed.

Receiving bill data from other modules or external sources

PeopleSoft offers a set of interface tables to store bill data from external sources (PeopleSoft/non-PeopleSoft) and a batch process named Billing Interface (BIIF0001) to load the data from these staging tables into billing tables.

Of course, you may be wondering how the bill data will be loaded into the interface tables in the first place. As far as bill data from other PeopleSoft modules (such...