Maintaining Asset Meters

Page Name	Definition Name	Usage
Asset Meters Page	ASSET_METER	Define asset meter by assigning meter types and associate the meter to assets.
Entering Meter Readings Page	AM_METER_READ1	Enter meter readings for an asset.
Prior Reading	AM_METER_READ2	Enter prior meter reading information.
Update Meter Readings	AM_MTR_RD_UPD	You can use the Update Meter Readings page to correct prior meter readings.
Meter Reading Comments	AM_MTR_RD_CMT	Enter comments relevant to meter reading updates.
Meter Readings History Page	AM_MTR_RD_HIS	View meter reading history for an asset.
Meter Reading Details Page	AM_MTR_RD_HID	View details about the meter reading history for an asset including the date/time, source operator ID, and daily average. Meter Readings History Page

Meters associated with assets are used to monitor asset usage and can trigger maintenance tasks based on the statistical units, such as mileage, measured by the meter. For example, a common asset meter is the odometer installed in a company vehicle that measures the number of miles the vehicle has traveled. For this type of asset, it is common for certain maintenance activities to be performed on it based on the number of miles traveled by the vehicle since the last maintenance event.

A less common, but familiar application, involves public utilities. State and local agencies use asset monitoring devices such as a water or electric meters attached to a home or commercial entity to measure the amount of water or electricity consumed by the entity. The units consumed are measured on a routine basis and the occupant is usually billed for the units consumed. The maintenance events associated with these types of meters may not have anything to do with the number of units measured since the meter was last read and other maintenance plans will have to be affected.

PeopleSoft uses meters to both measure asset usage and to trigger preventive maintenance tasks. Asset meter activities are performed within PeopleSoft Asset Management and PeopleSoft Maintenance Management applications. To enable meters, you must first define asset meter types. The meter types are associated with specific asset IDs.

Use the Asset Meters page (ASSET_METER) to define asset meter by assigning meter types and associate the meter to assets.

Navigation:

Asset Management > Service and Maintenance > Asset Meter Information > Establish Meter Reading > Asset Meters

Field or Control	Description
Meter Type	Select the meter type to be associated to this asset.
Copy to Comp. (copy to component)	Select if this meter should also be associated with any asset components associated with this asset (optional). This enables the component asset to use the same meter reading variations entered for its higher-level component assets. The meter reading inheritance rules are as follows: The subcomponent inherits the reading from its immediately higher level component. If the higher component is also enabled to copy readings, the asset continues escalating to higher levels until finding the asset that is not enabled to inherit readings, or the parent asset. The inherited reading is derived from this asset. The inherited reading is recorded in the component when it is saved at the higher asset level. Components cannot inherit readings from upper levels if any intermediate level has its inherit reading option turned off. For example, assume three levels of components: grandparent, parent, child. All use an odometer as the meter ID type but the parent asset has the copy option deselected. In this example, the child cannot inherit its grandparent's odometer reading. Note: The example is used to describe the physical inheritance rules of meter readings and has no relationship to the Parent-Child financial transaction in Asset Management. Components cannot inherit readings from upper levels if any intermediate level does not have the same meter type defined across the different levels. For example, an asset has three levels of components, A, B, and C. A meter type is associated with asset A and C, but not B; in this case, C would not inherit its meter reading from A. As assets B and C are both components of asset A, then B must also inherit readings from A, or neither asset B nor C may inherit readings from A.
Est. Daily Avg. (estimated daily average)	Displays the estimated average based on the actual readings taken when the number of readings specified to calculate the daily average has not been reached. The field is available when the meter type is enabled to maintain daily average. Estimated daily average is always a positive value.
Override Avg. (override average)	Select to override the actual daily average. The field is available when the meter type is enabled to override the actual daily average.
Act. Daily Avg. (actual daily average)	Displays the system-calculated actual daily average. It can be zero or greater than zero. You can edit the value if the Override Avg. option is selected, but a new average is calculated when a new meter reading is entered. The field is available when the Maintain Average option is enabled for the meter type.
Required for Work Order	Select to override a meter as required for any kind of work order as a condition to change its status to complete. This option defaults from the Meter Type Definition page and can be overridden here on the Asset Meters page. This field displays only if PeopleSoft Maintenance Management is installed.
Primary	Designate the primary meter type for the asset. This is used in the Asset Maintenance Cost Analysis online component in PeopleSoft Maintenance Management.

Use the Enter Meter Readings page (AM_METER_READ1) to enter meter readings for an asset.

Navigation:

Asset Management > Service and Maintenance > Asset Meter Information > Enter Meter Reading

Enter current reading information in the work area.

Field or Control	Description
Activate	Select this check box to activate entries for the row.
Date and Time	Enter the date and time of the meter reading. The system current date and time displays by default.
Meter Type	(Required) Select a valid meter type for this asset ID. Valid meter types are those that are associated with the asset and active.
Reading and Variation	(Required) Record the current meter reading. Enter either the actual reading or variation from the last reading. If you had a reading of 12,000 km for an odometer and now you have 12,450 km, you can enter 450 in the variation field or 12,450 km in the Reading field above. The system automatically calculates the value for one field based on the entry made to the other field. The variation is used for the Copy to Components function. Variation is validated so that the reading does not fall outside the low and high limits established for the meter when the Reading field is automatically calculated. The Variation and Reading fields are both required when you have selected the Replaced option.
Rollover	Check this option if rollover is enabled and should only be selected when the meter surpasses the upper limit. When selected, the meter resets to zero on the Assets Meters page once this reading is saved. When the meter passes its established upper limit and begins a new cycle, the system keeps track of the accumulated usage. This applies only to increasing and decreasing meter types that also have enabled the Allow Rollover option.
Replaced	Select this option when the meter tool has been replaced. Both the Reading and Variation fields must be completed in this instance. This enables the system to calculate the total accumulated reading for the selected meter type. In the Reading field, enter the actual reading measured in terms of the new meter. In the Variation field, enter the difference between the last reading and the new one. These entries will be the basis to recalculate the accumulated meter reading when the page is saved.
Accum. Reading (accumulated reading)	The last accumulated reading displays. If the Replaced option is selected, or if this is the first reading of the asset, this field is enabled for edit. Enter the new accumulated reading or complete the Reading and Variations fields to recalculate accumulated reading.
UOM (units of measure)	Displays the units of measure for this type of meter.

The following validations occur when the page is saved:

The meter type entered cannot be duplicated for the same date and time or the system generates an error message.
The reading/variation field must be completed or the system generates an error message.
The accumulated reading or variation and the reading fields must be completed when the replaced option is selected or the system generates an error message.
Readings must fall into the lower and upper limit range established at the meter type definition level or the system generates an error message.
If the meter type is increasing or decreasing and the user enters a lower or greater reading than the prior reading, the system will generate an error message.
If the meter type is increasing or decreasing and defined to allow rollover, the message warns that the rollover option must be selected before saving.

When you save the page, the meter readings entered become part of the meter history.

Using the Prior Reading tab, you can view the last entry made for the meter type. It also displays rollover or replacement activity from the prior meter reading.

You can enter comments related to a meter reading by using the Comments link.

Updates to meter readings can be entered to modify existing readings. When making changes to meter readings, the change impacts not only the variation/reading of the changed meter reading but also the variation of the immediately following reading. You can modify the meter reading dates; this may cause meter readings that do not follow the rules of variations for increasing type of readings and conversely for decreasing type of readings as this documentation outlines on the enter readings page. Daily average will only be recalculated if the change affects the last n numbers of readings, where n is the number of readings established at the meter type definition level. Modifying meter reading dates could end up in having meters out of sequence that is, not entered and listed from the oldest to the newest). For auditing purposes, select the option to keep track of that out-of-sequence entries.

Use the Meter Readings History page (AM_MTR_RD_HIS) to view meter reading history for an asset.

Navigation:

Asset Management > Service and Maintenance > Asset Meter Information > Meter Reading History

Search for and review meter readings history by business unit and asset ID. You can further refine the results by entering a meter type and date range. The results display the following information.

Field or Control	Description
As of Date/Time	Displays the date and time of the meter reading listed.
Meter Type	Displays the type of meter associated to the asset and reading.
Rollover	If selected, indicates that a meter rollover occurred.
Replaced	If selected, indicates that a replaced reading was entered, usually due to a rollover.
Reading	Displays the meter reading entered for the meter reading listed.
Variation	Displays the calculated change from the prior meter reading.
Accum. Reading (accumulated reading)	Displays the accumulated readings.
UOM (units of measure)	Displays the units of measure for the meter type.

Maintaining Asset Meters

Pages Used to Maintain Asset Meters

Understanding Asset Meters

Asset Meters Page

Entering Meter Readings Page

Meter Readings History Page