PeopleSoft Asset Management Rel 9.1

Course Fees: $5368.00 excl. GST
Printed Manual: $0.00 excl. GST
Course Duration: 4 days
Course Manual

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There is a focus on implementation considerations for PeopleSoft Asset Management throughout this course, along with asset depreciation, asset accounting and reporting. They learn how to manage both capital and operating leases as well as define and maintain parent-child assets. Integration of Asset Management with other PeopleSoft applications is explored.

Through detailed activities, participants learn how to configure the system and process transactions for asset depreciation, allocations, capital acquisition planning and tracking, like-kind exchanges, and tax reporting.

Learn To:

  • Define your Asset Management system structure
  • Add assets and perform asset maintenance
  • Process depreciation and period-end close
  • Inquire and report on asset information
  • Integrate Asset Management with other PeopleSoft applications
  • Set up and maintain capital acquisition plans

End Users
Functional Implementer

Suggested Prerequisites

Use of control tables to enforce business rules
Understanding of basic navigation and PeopleSoft concepts
Able to run processes and reports

Intro to PS for Fin/SCM Rel 8.9 - LVC, Intro to PS for FMS and SCM Rel 8.9
  • Set up Asset Management
  • Add and maintain assets
  • Maintain leased assets
  • Adjust, recategorize and transfer assets
  • Retire and reinstate assets
  • Manage asset insurance, maintenance, warranties and repair
  • Define general options
  • Maintain parent and child assets
  • Maintain asset book information
  • Report and chart asset information
  • Generate asset accounting entries
  • Allocate depreciation expense
  • Integrate Asset Management with other PeopleSoft applications
  • Plan for capital asset acquisitions
  • Perform asset mass changes
Business Process Overview
Defining the Asset Lifecycle Management (ALM) Solution
Describing the Asset Transaction Flow
Describing Asset Management System Integration
Describing the Implementation of Asset Management
Describing the Conversion Process for Asset Management
Navigating through Asset Management

Defining General Options
Setting Up Installation Options
Defining User Preferences
Defining Locations, Calendars and ChartField Values

Setting Up Asset Management

Creating Asset Books
Creating Business Units
Defining Open Periods
Setting Up Value Added Tax (VAT) Defaults

Adding Assets
Describing the Methods for Adding Assets Online
Describing the Tables Used for Asset Management
Adding Assets Using Express Add
Adding Assets Using Basic Add
Adding Non-financial Assets Using Asset Operational Info
Identifying Hazardous Assets

Managing Asset Insurance, Maintenance, Warranties and Repair

Tracking Asset Insurance
Defining and Tracking Asset Maintenance
Tracking Asset Maintenance Contracts
Creating and Applying Warranties
Reviewing Maintenance History

Maintaining Leased Assets

Describing Lease Types
Defining Lease Payment Schedules
Creating Leased Assets
Defining Step Leases
Generating Lease Reports

Adjusting, Recategorizing and Transferring Assets
Adjusting Asset Information
Reviewing Asset Cost History
Recategorizing Assets
Transferring Assets Within and Between Business Units
Summarizing Cost Rows
Revaluing Assets

Retiring and Reinstating Assets
Retiring Assets Manually
Retiring Fully Depreciated Assets Automatically
Using the Disposal Worksheet to Retire Assets
Describing Retirement Integration with Other PeopleSoft Applications
Reinstating Assets

Maintaining Parent and Child Assets

Adding Parent and Child Assets
Adjusting Parent and Child Assets
Recategorizing Parent and Child Assets
Performing Transfers of Parent and Child Assets
Retiring of Parent and Child Assets
Reviewing the Net Book Value of Parent-Child Assets

Depreciating Assets
Describing How Asset Management Calculates Depreciation
Reviewing and Modifying Open Transactions
Performing the Depreciation Calculation Process
Recalculating Depreciation and Performing What-If Calculations

Depreciating Assets - India

Describing Depreciation Processing for India
Processing Tax Depreciation for India

Maintaining Asset Book Information
Describing Asset Books and Required Information for Calculating Depreciation
Describing Remaining Value and Life-to-Date Depreciation Methods
Reviewing Changes Made to Asset Books

Reporting and Charting Asset Information
Describing Asset Management Reporting Options
Generating Asset Management Reports
Generating Asset Charts

Generating Asset Accounting Entries

Creating and Reviewing Accounting Entries
Closing Depreciation
Closing Asset Accounting Periods
Listing Common Month-End Processes

Allocating Depreciation Expense
Describing Depreciation Allocation
Defining Transaction Groups
Creating Allocation Entries

Integrating with PeopleSoft General Ledger

Defining the General Ledger to Accept Journal Entries
Defining the Link Between Asset Management and General Ledger
Running the Journal Generator Process

Integrating Asset Management with Other Products
Integrating with PeopleSoft Purchasing and Payables
Using On-Demand Processing
Consolidating and Unitizing Assets
Integrating with PeopleSoft Project Costing

Planning for Capital Asset Acquisitions

Describing Asset Budgeting and Capital Acquisition Planning
Defining Capital Acquisition Plans (CAP)
Link Assets to a CAP
Review and Adjust CAP information

Performing Mass Changes to Assets

Defining and Running the Mass Change Process
Reviewing the Results of Mass Change
Running the Transaction Loader Process

Final Course Activity

Defining the Various Control Tables Required to Perform Transactions
Calculating Depreciation on Open Transaction
Creating Accounting Entries and Running Depreciation Close
Running the Journal Generator Process
Reviewing Results