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

Commitment control configurations


In this section, we'll go through the following important configurations needed to use the commitment control feature:

  • Enabling commitment control

  • Setting up the system-level commitment control options

  • Defining the commitment control ledgers and ledger groups

  • Defining the budget period calendar

  • Configuring the control budget definition

  • Linking the commitment control ledger group with the actual transaction ledger group

  • Defining commitment control transactions

Enabling commitment control

Before using the commitment control feature for a PeopleSoft module, it needs to be enabled on the Installation Options page.

Follow this navigation to enable or disable commitment control for an individual module:

Setup Financials / Supply Chain | Install | Installation Options | Products

The following screenshot shows the Installation OptionsProducts page:

This page allows a system administrator to activate any installed PeopleSoft modules as well as to enable commitment control...