PeopleSoft FSCM

Establish asset management business units, cost generating units and asset processing.
Set up accounting entry, financial processing, depreciation processing.
Set up tax processing and tax reporting.
Integrate PeopleSoft Asset Management with other products.

Create bills.
Receive billing data from other PeopleSoft applications and non-PeopleSoft applications.
Create inter and intra unit bills.
Create instalment bills and recurring bills.
Consolidate multiple bills on a single invoice
Review and validate bills
Calculate sales, use and value-added taxes.
Print invoices in detail or summarized format, transmit EDI (electronic data interchange) invoices, and present invoices online.
Send invoice notifications via email.
Adjust invoices.
Attach supporting documentation or image of invoice.
Create accounting entries for General Ledger, Receivables and Accounts Payable.
Accrue unbilled revenue.
Defer revenue accounting.

Create and maintain control budgets.
Check actual transactions (such as actual expenditures and revenues) against control budgets.
Check imminent future financial obligations (pre-encumbrances and encumbrances) against control budgets.
Check recognized revenue against revenue estimate budgets.
Allows to Control budget creation and adjustment.
Budget checking of PeopleSoft and third-party source transactions.
Budget error and warning notification and override .
Inquiry on budgets and budget-checking activity.
Budget closing.
Archiving.

Create and process journal entries .
Create and process inter unit and intra unit transactions.
Build summary ledgers
Close ledgers
Process multiple currency.
Create and process Average Daily Balance (ADB).
Create and process open items.
Consolidate financial data, Maintain standard budgets.
Monitor background processes.
Review financial information.
Reporting - Regulatory ledger reports, general reports, statutory reports etc.
Create and process allocations.
Create and process Commitment Control transactions in General Ledger.
Create and process entry event transactions.
Process subsystem journals using Journal Generator.
Import and process spread sheet journal entries or transactions from a flat file.
Enter and process statistical transactions.
Enter and process Value Added Tax (VAT) transactions.
Approve journal entries for processing.
Perform account reconciliation.

Enter and track all of your receivables.
Receive and apply payments.
Manage outstanding receivables enabling your organization to collect money quickly.
Manage payment disputes and deductions that have a negative impact on days sales outstanding (DSO).

Banks Setup and Processing Overview the PeopleSoft Banks Setup and Processing documentation explains these business processes:
Define comprehensive bank, counterparty, and bank account information.
Establishing reconciliation methods for bank accounts.
Receive and update bank statement information.
Reconcile bank statement information with system information or resolve reconciliation exceptions.
Import and export letters of credit creation and maintenance.
Generate applicable reports for a specific business process.

Financial Gateway Business Processes PeopleSoft Financial Gateway provides the following business processes:
Payment processing.
Bank statement processing.
Payment acknowledgment processing.
PeopleSoft Financial Gateway integrates with the following PeopleSoft applications>
Cash Management
Deal Management
Accounts Receivable
Accounts Payable
e Settlements
Expenses
Global Payroll

Maintain multiple sets of books within an inventory business unit for financial, governmental, and management reporting purposes.
Define any number of cost methods to value inventory transactions; including, standard, actual, FIFO actual, LIFO actual, by specific lot ID or serial ID, perpetual weighted average, retroactive perpetual weighted average, periodic weighted average, or non-cost.
Determine the type of costing by item, inventory business unit, and cost book combination.
Calculate the cost of each inventory transaction, including, material, conversion, conversion overhead, landed, inbound, outbound, and other costs based on your cost methods.
Create accounting entries for all inventory transactions that have a financial impact on PeopleSoft Inventory and PeopleSoft Manufacturing.
Calculate and track costs for makeable items in PeopleSoft Manufacturing.
Manually adjust the actual or average cost of an item.
Include landed cost charges in an item's cost, including freight, insurance, duty, taxes, handling, and subcontracted services.
Record the cost of items transferred between inventory business units.
Reconcile the cost of putaways in PeopleSoft Inventory with the vouchers in PeopleSoft Payables using the CM/AP Reconciliation Tool.
Review transaction costs and accounting entries using powerful inquiry tools and reports.