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 vouchers


PeopleSoft offers various methods of entering vouchers such as: manual entry, spreadsheet upload and through automated voucher interface. As we have seen in case of other modules, manual voucher entry is suitable for low volume scenarios, while using the automated interface is ideally suited for bringing in vouchers from external systems in large numbers. Let's familiarize ourselves quickly with these different methods.

Manual voucher entry

PeopleSoft offers the following types of vouchers:

  • Regular vouchers: These are the most widely used standard vouchers.

  • Adjustment vouchers: These are used to make debit or credit adjustments to an existing voucher.

  • Journal vouchers: These vouchers are used to modify accounting entries of an already posted voucher.

  • Prepaid vouchers: If we have made any advance payments to a vendor, these vouchers are used to record the same.

  • Register vouchers: In certain situations (such as VAT applicable purchases), we may need to create and post...