PeopleSoft Payables Business Processes
PeopleSoft Payables business processes are: Online Vouchers / Quick Invoices Voucher Build Matching Budget Checking Voucher Maintenance SBIs PrePayments Voucher Posting Pay Cycle and Manual Payments Drafts Taxes and Withholding Payment Posting Inquiry and Reporting Archiving
Continue readingWhat is PeopleSoft Payables?
What is PeopleSoft Payables? Oracle’s PeopleSoft Payables a part of PeopleSoft Financial Management family of applications and is integral to PeopleSoft’s procure to pay solution. At core, it a basically a processing center that processes the payment of liabilities of an organization. PeopleSoft Payables provides automated invoice and payment processing to ensure timely and accurate […]
Continue readingWhat are ChartFields in PeopleSoft?
Before we discuss ChartFields in PeopleSoft, let us discuss two terms before that – Account and Chart of Accounts. What is an Account? An account is a separate record of each type of asset, liability, equity, revenue and expense.It shows the beginning balance, increase and/or decrease and ending balance for a specific time period. For […]
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Difference Between a Voucher and an Invoice
Difference between an invoice and a voucher An invoice is a detailed bill from an outside supplier or a vendor for goods and/or services rendered to a company. Typically, it lists the quantity of each item, prices, billable hours, a service description, and a contact address for payment. An invoice is usually paid through an […]
Continue readingPeopleSoft FSCM : Authorization Error While Adding Suppliers
If any of your Finance users complain about being unable to add new suppliers in PeopleSoft FSCM and they are getting authorization error then there it means there is something missing in security setup. Error received by user is “You are not authorized to enter suppliers. Contact your system administrator. (7025,9) Your operator profile indicates […]
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