Integrating with PeopleSoft General Ledger

You can post revenue to your general ledger system for the government contracts that you set up in PeopleSoft Contracts. PeopleSoft Contracts stores the accounting distributions to be applied to amount-based contract lines and to transactions for rate-based contract lines. PeopleSoft Contracts then generates accounting entries in the appropriate currency. The Journal Generator, using specific accounting entry definitions and journal generator templates for both amount and rate-based contract lines posts the accounting entries to the general ledger. Journal references for the posted accounting data is updated and sent back to PeopleSoft Contracts.