Peoplesoft Asset Management Online Training

Peoplesoft Asset Management Online Training

Peoplesoft Asset Management Online Training 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

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

Maintaining Leased Assets

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

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

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 – 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

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

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

Maintaining Asset Book Information

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

Allocating Depreciation Expense

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

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

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 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