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

Processing depreciation


So far we have seen the basic configurations for performing depreciation and basic depreciation concepts. Now let's see how PeopleSoft AM performs the depreciation processing. PeopleSoft delivers the batch process Depreciation Calculation (AM_DEPR_CALC). This selects the assets based on the input parameters, refers to the depreciation attributes specified for the asset, and calculates depreciation amounts.

Note

This process only populates values in the depreciation table. It does not create any accounting entries.

Running Depreciation Calculation process

Follow this navigation to execute the Depreciation Calculation process:

Asset Management | Depreciation | Processing | Calculate

The following screenshot shows the run control page where we can specify the parameters for the process:

As you can see, we can specify the values for Business Unit, Book, and Asset ID to narrow down the processing or leave these fields blank so that all assets are processed.

Click Run to...