PeopleSoft Commitment Control

Course Details
Tuition (USD):
$2,640.00 • Virtual (3 days)
$2,790.00 • Classroom (3 days)
$2,312.34 • Virtual (3 days)
$2,312.34 • Classroom (3 days)

In this PeopleSoft Commitment Control training, you will learn about the fundamental components of a PeopleSoft Commitment Control implementation. This includes control budget setup, exception handling, alerts and inquiries, budget closing and reporting results.

Learn To:

  • Set up and maintain Commitment Control ledgers and control budgets.
  • Control transactions actively for predefined, authorized budgets.
  • Perform real-time budget checking for source transactions within various applications, including Project Costing, Payables, Purchasing, Expenses and General Ledger.
  • Manage budget checking and exception handling.
  • Perform budget closing.

Benefits to You

Learn valuable information from the implementer's perspective, as well as for end-users. You are presented with best practices for achieving maximum efficiency when managing budgets. Discussions and activities include control budget setup, source transaction processing, budget checking and exception handling.

Use Key PeopleSoft Applications

Learn how the PeopleSoft Commitment Control solution works within key PeopleSoft applications, including General Ledger, Payables, Project Costing, Purchasing and Expenses.

Manage Budgets & Create Source Transactions

Expert Oracle University instructors use lively discussions and activities to illustrate Commitment Control functions you may use in your business. You will manage budgets, create source transactions within the various applications, budget check them and close out budgets for the year. You will also explore the reporting tools and alerts available when using Commitment Control.

  • Course materials are appropriate for any customer using Release 9.x PeopleSoft Applications.
  • If a customer has already taken the Release 9.1 course, retake is not necessary.

Skills Gained

  • Configure the system for Commitment Control
  • Define and manage control budgets
  • Create control budgets within various applications
  • Perform budget checking for a variety of source transactions
  • Manage budget alerts and exceptions
  • Perform budget closing

Who Can Benefit

  • Configuration Consultant
  • Configuration Implementer
  • Controller
  • End Users
  • Functional Implementer

Course Details

Business Process Overview

  • Describing the Scope of PeopleSoft Commitment Control
  • Describing PeopleSoft Commitment Control Terminology
  • Describing PeopleSoft Commitment Control Features and Functions
  • Describing the PeopleSoft Commitment Control Implementation Lifecycle

Setting Up PeopleSoft Commitment Control

  • Setting Up Commitment Control Options
  • Describing the PeopleSoft Commitment Control Infrastructure
  • Setting Up Commitment Control Ledgers
  • Copying Budget Definition Setup
  • Setting Up Commitment Control Budget Periods and Translation Trees
  • Setting Up Commitment Control Budget Budget Rules and Attributes
  • Applying Commitment Contol Ledger Groups to a GL Business Unit
  • Establishing Associated Expenditure and Revenue Budgets

Setting Up Commitment Control Security

  • Describing the Commitment Control Security Setup Steps
  • Identifying the Commitment Control Security ChartField Values
  • Setting Up Security Events
  • Setting Up Security Event Rules
  • Configuring Security Rules for Users
  • Applying Commitment Contol Security to your PeopleSoft System
  • Securing ChartFields

Preparing Commitment Control Budgets

  • Describing 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

  • Describing the Budget Checking Process
  • Identifying PeopleSoft Commitment Control Source Transactions
  • Running the Budget Checking Process in PeopleSoft General Ledger
  • Evaluating Budget Checking Statuses
  • Managing Budget Exceptions

Managing the Procure-to-Pay Lifecycle Using PeopleSoft Commitment Control

  • Describing the Procure-to-Pay Lifecycle Using Commitment Control
  • Defining Journal Classes, Sources and SpeedTypes
  • 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 Commitment Control

  • Describing the Relationship between PeopleSoft Project Costing and Commitment Control
  • Describing the Structure of a Project
  • Setting Up a Project
  • Setting Up a Project Budget
  • Creating Project Budget Journals
  • Evaluating Project Transactions
  • Using Funding Source Control

Managing Expense Budgets Using Commitment Control

  • Budget Checking Expense Transactions
  • Reviewing Travel Authorization Budget Exceptions
  • Reviewing Expense Report Budget Exceptions
  • Rolling Over Travel Expense Authorization Encumbrances

Managing PeopleSoft Commitment Control Budget Closing

  • Describing the Budget Closing Process
  • Preparing Your System to Close Out Budgets
  • Setting Up Budget Closing Rules
  • Setting Up Budget Closing Sets
  • Processing End of Year Purchase Order Rollovers
  • Processing Budget Close
  • Analyzing Budget Closing Transactions
  • Managing Closed Budgets

Appendix A - Commitment Control and PeopleSoft Grants

  • PeopleSoft Grants Overview
  • Describing PeopleSoft Grants Integration with Other PeopleSoft Applications
  • Setting Up Commitment Control for PeopleSoft Grants
  • Enabling Commitment Control for PeopleSoft Applications
  • Defining Detail Ledgers and Ledger Groups
  • Associating Detail Ledgers to a Ledger Group
  • Setting Up Budget Definitions
  • Preparing the Award Budget

Appendix B - Commitment Control Product Integration

  • PeopleSoft Commitment Control Product Integration Overview
  • Setting Up Source Transaction Types
  • Using PeopleSoft Commitment Control with other PeopleSoft Applications
  • Integrating PeopleSoft Commitment Control with PeopleSoft Budgeting
  • Integrating PeopleSoft Commitment Control with PeopleSoft Human Resources
  • Integrating PeopleSoft Commitment Control with PeopleSoft Time and Labor and Payroll Transactions
  • Integrating PeopleSoft Commitment Control with Third PartyTransactions

Commitment Control Trees

  • CC_FUNDS Tree
Course Details
Tuition (USD):
$2,640.00 • Virtual (3 days)
$2,790.00 • Classroom (3 days)
$2,312.34 • Virtual (3 days)
$2,312.34 • Classroom (3 days)