Commitment Control Rel 8.9

This course teaches the fundamental concepts and features of PeopleSoft Commitment Control. Students gain working knowledge of the issues involved in a standard Commitment Control implementation.

The students create their own business units and the setup of Commitment Control, defining budgets, and then creating budget journals, and budget checking transactions. They create budgets and budget check transaction through the Procure-to-Pay cycle, Project Costing and Expenses. The course concludes with conducting the budget close, and options associated with closing your budget and rolling over open purchase orders to the next budget period.

Learn To:

	Set up Commitment Control
	Define budgets
	Create budget journals and budget checking transaction
	Conduct budget close

course content details

	Setting Up PeopleSoft Commitment Control

	Setting Up Commitment Control Options
	Explaining the PeopleSoft Commitment Control Infrastructure
	Setting Up Commitment Control Ledgers
	Setting Up Commitment Control Budget Periods
	Setting Up Translation Trees
	Setting Up Commitment Control Budget Rules and Attributes
	Applying Commitment Control Ledger Groups to a PeopleSoft General Ledger Business Unit
	Explaining Associated Expenditures and Revenue Budgets

	Setting Up Commitment Control Security

	Explaining the PeopleSoft Commitment Control Security Setup Steps
	Identifying Commitment Control Security Chart Field Values
	Setting Up Security Events
	Setting Up Security Event Rules
	Configuring Security Rules for Users
	Applying Commitment Control Security to Your PeopleSoft System

	Preparing Commitment Control Budgets

	Identifying the Phase in the Implementation Lifecycle for Preparing Budgets
	Explaining the Budget Preparation Process
	Creating a Commitment Control Budget
	Creating Budget Journals From a Flat File
	Performing a Budget Transfer
	Managing Your Budget
	Analyzing Your Budget

	Managing Budget Checking and Exception Processing

	Identifying the Implementation Phase for Managing Budget Checking
	Explaining the Budget Checking Process
	Identifying PeopleSoft Commitment Control Source Transactions
	Demonstrating the Budget Checking Process Using PeopleSoft General Ledger
	Evaluating Budget Checking Statuses
	Managing Budget Exceptions

	Managing the Procure-to-Pay Life Cycle Using Commitment Control

	Identifying the Implementation Phase for Managing the Procure-to Pay Life Cycle
	Illustrating the Procure-to-Pay Life Cycle Using PeopleSoft Commitment Control
	Preparing a Requisition
	Managing the Pre-Encumbrance Ledger
	Preparing a Purchase Order
	Managing the Encumbrance Ledger
	Preparing a Voucher
	Managing the Expenditure Ledger

	Managing Project Budgets using PeopleSoft Commitment Control

	Identifying the Implementation Phase for Managing Project Budgets
	Illustrating the relationship between PeopleSoft Commitment Control and PeopleSoft Project Costing
	Explaining the Structure of a Project
	Setting Up a Project
	Setting up a Project Budget
	Adding a Project Budget
	Evaluating Project Source Transactions
	Using Funding Source Control

	Managing Expense Budgets Using PeopleSoft Commitment Control

	Budget-Checking Expense Transactions
	Reviewing Travel Authorization Budget Exceptions
	Reviewing Expense Report Budget Exceptions
	Rolling Over Travel Authorization Encumbrances to a New Budget Period

	Managing Commitment Control Budget Closing

	Explaining the Budget Closing Process
	Preparing Your System to Close Out Budgets
	Setting Up Budget Closing Rules
	Setting Up Budget Closing Sets
	Demonstrating End of Year Purchase Order Rollover
	Performing the Budget Close Process
	Analyzing Budget Closing Transactions
	Managing Closed Budgets