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

Understanding user security


Before we get into discussing the PeopleSoft security, let's spend some time trying to set the context for user security.

Whenever we think of a complex system like PeopleSoft Financial applications with potentially hundreds of users, the following are but a few questions that face us:

  • Should a user working in billing group have access to transactions, such as vouchers and payments, in Accounts Payable?

  • Should a user who is a part of North America business unit have access to the data belonging to the Europe business unit?

  • Should a user whose job involves entering vouchers be able to approve and pay them as well?

  • Should a data entry clerk be able to view departmental budgets for the organization?

These questions barely scratch the surface of the complex security considerations of an organization. Of course, there is no right or wrong answer for such questions, as every organization has its own unique security policies.

What is more important is the fact that we need...