What are financial ChartFields?
What are financial ChartFields?
A ChartField is a data field that stores accounting information, affects budget and is used for internal and external reporting. All accounting systems consist of codes used to identify transactions and to track financial activity. ChartFields are the codes in myUFL used to identify these financial functions.
What are the modules in PeopleSoft Financials?
The PeopleSoft Financial Management suite provides integration with expansion solutions such as Asset Lifecycle Management, Enterprise Service Automation, Oracle GRC, and Enterprise Performance Management. Topics covered in this Expertise include General Ledger, Payables, Receivables, Billing, and eSettlements.
What is book code in PeopleSoft?
Book Code is a balancing ChartField that you can add as an attribute of the Account ChartField to segregate accounts into various categories within one ledger. In this case it is used to group accounts within one ledger to serve various divisional or GAAP requirements.
What is a combo code in PeopleSoft?
Combination Codes are a nine digit number in the PeopleSoft HR Database. They are only used in transactions related to the PeopleSoft HR Database in lieu of using the Chart String. HR Transactions include: Payroll, Retroactive Change Transactions (Retros), Department Budget Earnings, and Position Management.
What are ChartFields in PeopleSoft?
In Oracle’s PeopleSoft Enterprise applications, the fields that store your charts of accounts and provide your system with the basic structure to segregate and categorize transactional and budget data are called ChartFields.
What is a chartfield string?
A chartfield string is a series of numbers that gives relevant financial accounting information when placing an order. A chartfield string is important for placing orders because it contains information related to grants and funding.
What is General Ledger in PeopleSoft?
General Ledger serves as the core of the PeopleSoft Financial Management System. The PeopleSoft subsystem applications, such as Payables and Receivables, create accounting entries that you select to process in the journal generator.
What is withholding in PeopleSoft?
The Withhold Calculation process retrieves the withholding vendor ID for the corresponding setID based on the TableSet control value for the PeopleSoft Payables business unit of the vendor used during voucher entry.
What are combo edits?
The combination editing process repeats the following steps for each combination group that you associate with a business unit and ledger group for which you select either the Combo Data table or a user-defined combination data table: Combination editing compares all transaction lines against the table.
What is PeopleSoft account?
Oracle’s PeopleSoft Payables provides automated invoice and payment processing to ensure timely and accurate payment for goods and services. Best practice business processes match purchase orders, receipts, and invoices and provide online approvals to identify exceptions and increase control over your disbursements.
What is a Chartstring?
Chartstring – is a combination of data segments that provides necessary information for financial management and budgeting.