Understanding Financial Integration

Enterprise Learning Management enables you to integrate with PeopleSoft Financials or a third-party financials system. Benefits of integrating with a financials system include the tracking of enrollment, registration, and drop fees, as well as the ability to export chargeback data to your financials system. This export functionality enables a training organization to track what the training business makes in revenue, both externally (displayed by using reports) and internally (sent to the general ledger as a chargeback).

To integrate with a financials system, you must:

• Run financial EIPs.

• Set up financial ChartField data.

• Set up subledgers and subledger update options.