PeopleSoft Asset Management Training Rel 9.1

PeopleSoft Asset Management Training Rel 9.1

Introduction:

PeopleSoft Asset Management Training Rel 9.1 Course Description

There is a focus on implementation considerations for PeopleSoft Asset Management throughout this PeopleSoft Asset Management Training Rel 9.1 course, along with asset maintenance, depreciation, asset accounting and reporting. The Financials Audit Framework is used to track transactions in this PeopleSoft Asset Management Training Rel 9.1 course. They learn how to manage both capital and operating leases as well as define and maintain parent-child assets. This PeopleSoft Asset Management Training Rel 9.1 course discusses how to revalue assets including investment property and how to use the Fair Value Processing feature. They learn to use the Mass Change feature for 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.

PeopleSoft Asset Management Training Rel 9.1Related Courses:

Duration: 4 days

Prerequisites:

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

Customize It:

With onsite Training, courses can be scheduled on a date that is convenient for you, and because they can be scheduled at your location, you don’t incur travel costs and students won’t be away from home. Onsite classes can also be tailored to meet your needs. You might shorten a 5-day class into a 3-day class, or combine portions of several related courses into a single course, or have the instructor vary the emphasis of topics depending on your staff’s and site’s requirements.

Audience / Target Group:

End Users
Functional Implementer

What You Will Learn:

Set up and maintain capital acquisition plans
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

Skills Gained:

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
Define general options
Set up Asset Management
Add and maintain assets
Depreciate assets (USA, FRA, JAP, GER, IND)
Maintain leased assets
Adjust, recategorize and transfer assets
Revalue, retire, or reinstate assets
Manage asset insurance, maintenance, warranties and repair
Maintain parent and child assets
Maintain asset book information

Course Content:

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
Finding Sources of Information about Asset Mgmt in PeopleBooks

Defining General Options

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

Setting Up Asset Management

Creating Asset Books and Asset Management Business Units
Defining Open Periods
Setting Up VAT Defaults and Other Delivered Tables
Setting Up Depreciation Processing Information
Defining Tax Information for Assets
Setting Up Additional Asset Management Components
Creating Asset Profiles
Setting Up the Capitalization Threshold Feature

Adding Assets

Describing the Methods for Adding Assets Online
Describing the Tables Used for Asset Management
Adding Assets Using Express Add and Basic Add
Defining Asset Operational Information and Hazardous Assets
Copying Assets
Using the Asset Search Utility
Adding Assets from a Microsoft Excel Spreadsheet
Using Transaction Currency

Managing Asset Insurance, Maintenance, Warranties and Repair

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

Maintaining Leased Assets

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

Adjusting, Recategorizing and Transferring Assets

Adjusting Asset Information
Reviewing Asset Cost History
Using the Financials Audit Framework
Recategorizing Assets
Transferring Assets Within a Business Unit (IntraUnit)
Transferring Assets Between Business Units (InterUnit)
Reviewing and Approving Asset Transfer Requests

Revaluing Assets

Describing Asset Revaluation
Defining Fair Value Processing
Defining Investment Property
Revaluing Assets

Retiring and Reinstating Assets

Describing Asset Retirements
Retiring Assets Manually
Retiring Fully Depreciated Assets Automatically
Using the Disposal Worksheet to Retire Assets
Describing Retirement Integration with Other PeopleSoft Products
Reviewing the Net Book Value of Parent-Child Assets
Reinstating Assets

Maintaining Parent and Child Assets

Describing Parent and Child Asset Relationships
Adding Parent and Child Assets
Adding a Parent Asset as a Reporting Umbrella
Updating Basic Information for Parent-Child Assets
Adjusting Parent and Child Assets
Recategorizing Parent and Child Assets
Performing Transfers of Parent and Child Assets
Retiring Parent and Child Assets

Depreciating Assets

Describing How Asset Management Calculates Depreciation
Reviewing and Modifying Open Transactions
Performing the Depreciation Calculation Process
Describing the Remaining Value and Life-to-Date Depreciation Methods
Reviewing the NBV of Parent-Child Assets
Recalculating Depreciation and Executing What-If Calculations

Depreciating Assets - France

Configuring and Depreciating Assets Using the Derogatory Method
Creating Accounting Entries for Derogatory Depreciation
Configuring and Reporting Business Tax
Revaluing Assets
Running Statutory Reports

Depreciating Assets - India

Describing Depreciation Processing for India
Processing Tax Depreciation for India

Depreciating Assets - Japan

Descibing Japanese Depreciation Methods
Using the Extended Depreciation Worksheet
Using Special and Increased Depreciation Methods
Using Advanced Depreciation
Using Composite Depreciation
Setting Up Currency Rounding Options
Generating Local Tax Reports
Calculating Consumption Tax (VAT) When Selling Retired Assets

Maintaining Asset Book Information

Describing Asset Books and Required Information for Calculating Depreciation
Reviewing Changes Made to Asset Books

Reporting and Charting Asset Information

Describing Asset Management Reporting Options
Generating Asset Management Reports from Batch Processes
Generating Asset Management Reports Online
Managing and Viewing the Asset Component Hierarchy
Generating Asset Management Charts

Generating Asset Accounting Entries

Creating and Reviewing Asset Accounting Entries
Summarizing Cost Rows
Closing Depreciation
Closing Asset Accounting Periods
Listing Common Month-End Processes
Validating and Securing ChartFields

Allocating Depreciation Expense

Describing Depreciation Allocation
Defining Transaction Groups
Setting Up the Depreciation Allocation Business Process
Creating Allocation Entries

Integrating with PeopleSoft General Ledger and Other PS Products

Defining the General Ledger to Accept Journal Entries
Defining the Link Between Asset Management and General Ledger
Running the Journal Generator Process
Integrating with PeopleSoft Purchasing and Payables
Using On-Demand Processing
Consolidating and Unitizing Assets
Running the Transaction Loader Process
Integrating with Project Costing, Billing, Strategic Sourcing, and Budgeting

Planning for Capital Asset Acquisitions

Describing Asset Budgeting and Capital Acquisition Planning
Defining Capital Acquisition Plans (CAP)
Linking Assets to a CAP
Reviewing and Adjusting CAP information

Performing Mass Changes to Assets

Describing Mass Changes to Asset Information
Defining a Mass Change
Running the Mass Change Process
Reviewing the Results of a Mass Change
Running the Transaction Loader Process

Final Course Activity

Defining the Control Tables Needed to Perform Transactions
Performing Functions to Create Open Transactions
Calculating Depreciation on Open Transaction
Creating Accounting Entries and Running Depreciation Close
Running the Journal Generator Process
Viewing Results

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Time Frame: 0-3 Months4-12 Months

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