Integrating with PeopleSoft Billing
In PeopleSoft Lease Administration, a tenant is also known as a customer. You must set up customers in the Customer Information component (CUSTOMER_GENERAL) before they can be attached to a lease and billed for their leases.
Recurring rent, security deposits, operating expense audits, percent rent sales reports, and manual fees are sent from PeopleSoft Lease Administration to PeopleSoft Billing through the Transaction Billing Processor. PeopleSoft Billing then generates invoices for these payments and provides information regarding the invoices to PeopleSoft Lease Administration. Similar to the PeopleSoft Payables integration, PeopleSoft Billing setup information such as billing business units, bill type, bill by, and tax codes must be established for use in PeopleSoft Lease Administration setup.
Note: A Bill Cycle of ON-DEMAND needs to be setup in PeopleSoft Billing prior to activating a receivables lease.