A Few of My Favorite New Lease Administration Features Released in v9.2 PeopleSoft Lease Administration will soon be completing the final changes for ASC 842/IFRS 16 compliance and I will be covering that topic in later blogs. In the meantime, I would like to do a quick take and point out a few of my
Read More...How is your organization preparing for the upcoming Lease Accounting changes that will take effect in 2019 for public companies and in 2020 for private companies? The time is fast approaching and organizations will also need to restate prior year statements as well. Have you created a transition approach? PeopleSoft is well under way to
Read More...FASB 13 Straight-line Accounting Entries (Formerly Real Estate Management) Did you know that PeopleSoft Lease Administration has the capabilities to meet your straight-line accounting requirements? PeopleSoft Lease Administration can help your organization provide more accurate accounting information, reduce errors and reduce processing time. All you have to do is set up your lease payment schedule
Read More...PeopleSoft WorkCenters are another great tool to Improve Efficiency Last week on our blog we talked about one way to easily improve your efficiency with PeopleSoft – personalized Homepage Dashboards! If you missed last week’s blog – click here to see what you missed. Today, we are going to talk about another way to improve
Read More...PeopleSoft Personalized Homepage Dashboards Looking for a great way to easily improve your efficiency with PeopleSoft and greatly improve your ability to manage and prioritize your work? Then you should consider configuring personalized PeopleSoft Homepage Dashboards and WorkCenters for your users. Today we will take a look at personalized Homepage Dashboards and next week we
Read More...PeopleSoft’s Return to Vendor/Supplier (RTV) Will Improve Your Supplier Credits Process As an Accounts Payable specialist for over 15 years, I clearly see the process of managing Supplier Credits as having a big payoff. But, I often see the process of managing Supplier Credits as very time consuming and it often gets relegated to the
Read More...Always trying to make your Accounts Payable (AP) Department more efficient is a goal of many organizations. For a quick review here are two of the most effective efficiencies that you should already have in place: For large scale suppliers with high volume: These transactions should be easy to automate with EDI, Custom Interfaces, Receiving
Read More...Bottom line right up front: Yes, PeopleSoft Asset Management (AM) can save your organization money! I recently had the opportunity of implementing PeopleSoft AM v9.2, and have worked with PeopleSoft AM a handful of times over the past 15 years. But this year I’ve really had the pleasure to see how PeopleSoft AM can save
Read More...I’m here to talk about the January 2015 1099 season. It’s not quite officially here yet, but it is fast approaching. I always tell our clients that Oct-Dec is the time to review your 1099 data. By starting the data cleanup process now, it will give you more time in January to focus on creating the
Read More...What do the FASB changes mean for your business? Industries affected: Manufacturing, Utilities, Healthcare, Financial As the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) move forward with plans to alter the way that leases are accounted for on financial statements, organizations will need to change their lease accounting processes for everything
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