Hello again everyone! Welcome to Part II of our blog series, Leveraging Important Lease Administration Data. In this blog, we will focus on lease payment monitoring enhanced with delivered BI Publisher tools. One of the most common and important Lease Administration queries requested by customers is a list of “lease payments due”. It is always important to
Read More...Hello again everyone! Welcome to our next blog series, Leveraging Important Lease Administration Data. Using delivered functionality, we will be able to design a homepage that will allow Lease Administration users to work effectively and efficiently. In this blog series, Part I will focus on managing lease expiration dates and mechanics used to build the homepage.
Read More...Hello again everyone! It has been a while. With our firm leading & supporting more than 20 PeopleSoft Lease Administration projects, I have put together a list of the 3 key Lease Administration steps to ensure an effective and efficient implementation as well as a speedy project timeline. 1. Gather your lease data as early
Read More...Hello again everyone! Welcome to Part IV, the final installment in the blog series, “My Favorite PeopleSoft Lease Administration Transactions.” In my previous blog, we took an in-depth look at the straight-line accounting entries. In Part IV, we will examine some of my favorite Lease Administration timesaving features. GASB 87 New for Image 32 is
Read More...Hello again everyone! Welcome to Part III in the blog series, “My Favorite PeopleSoft Lease Administration Transactions.” In my previous blog, we took an in-depth look at the straight-line accounting entries on a lease with quarterly payments. In Part III, we will examine straight-line accounting entries with a much less conventional payment stream. Here are
Read More...Hello again everyone! Welcome to Part II in the blog series, “My Favorite PeopleSoft Lease Administration Transactions.” In Part I, we looked at amending a multi-asset lease to remove an asset. In this installment, we will look at a lease with quarterly payments. We will also review how Lease Administration creates straight-line accounting entries. Additionally,
Read More...Welcome! I would like to introduce my next blog series, “My Favorite PeopleSoft Lease Administration Transactions.” With the new accounting rules taking effect this year, I’ve had plenty of opportunity to work with PeopleSoft Lease Administration using PUM 27 to 30 (especially PUM’s 28 to 30 over the past six months). As a consultant and
Read More...Since 2019 is now upon us, some organizations have already implemented PeopleSoft Lease Administration. Some are in the final stages for go-live preparation. Some organizations have not yet started to implement a solution and are targeting 2019 to do so. The good news is that PeopleSoft has you covered regardless of your project go-live target
Read More...Part 4 of 5 Hello again everyone. This is now part IV of my five-part series, expanded lease accounting discussion III. In my previous blog, we discussed the journal entries required to create our lease accounting balances. In this blog, I want to introduce some additional lease financial terms and discuss the impacts on our
Read More...Deep Dive Blog Series: Part 2 of 5 Hello again everyone. This is now part II of a five-part series that I have devoted to the new lease accounting standards. This part will discuss a basic lease accounting example to compare the current standards to the new standards. For your reference, here is the complete
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