Understanding Shared Product Functionality for Asset Management Leases

PeopleSoft Asset Management shares functionality with PeopleSoft Lease Administration to leverage the features and functions within Lease Administration that specifically address the core accounting requirements for payables leases (lessee agreements). Organizations licensed only for PeopleSoft Asset Management are not required to install Lease Administration, but there will be limited access to functionality in PeopleSoft Lease Administration. More specifically, customers licensed only for Asset Management can only access pages under the Asset Management navigation and the required high-level configurations. .

Customers licensed only for Asset Management will be able to enter multiple financial terms, integrate payments with Accounts Payable, perform straight-line accounting, use amendment processing and create manual fees. Customers licensed only to Asset Management will not have access to clauses, options and critical dates, operating expenses, percent rent, security deposits, site selection and acquisition, my lease portfolio, and lease reports such as the lease abstract. In addition, customers licensed only for Asset Management are limited to only one asset per lease, and the tracking of lease options is limited to only those that are reasonably certain to be exercised.

Customers licensed only for Asset Management will have access to the following common components:

Shared Product Configuration	Navigation	LA PeopleBook Sections to Refer
Lease Administration Business Unit	Setup Financials/Supply Chain > Business Unit Related > Lease Administration > LA Business Unit Definition	Creating Lease Administration Business Units
LA Accounting Rules	Setup Financials/Supply Chain > Product Related > Lease Administration > Accounting > LA Accounting Rules	Establishing Accounting Rules for Lease Administration
Amendment Types	Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Amendment Types	Defining Amendment Types
Lease Types	Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Lease Types	Defining Lease Types
Prorata Basis	Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Prorata Basis	Defining Prorata Basis
Related Lease Type Setup	Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Related Lease Type Setup	Defining Related Lease Type Setup
Borrowing Interest Rate	Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Borrowing Interest Rate	Defining Borrowing Interest Rate
Transaction Routing Codes	Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Transaction Routing Codes	Defining Transaction Routing Codes
Miscellaneous Rent Types	Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Miscellaneous Rent Types	Defining Miscellaneous Rent Types
Manual Fee Types	Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > LA Manual Fee Types	Defining Manual Fee Types
Economic Index	Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Economic Index	Defining Economic Index Values
Role Types	Setup Financials/Supply Chain > Product Related > Lease Administration > User Roles > Role Types	Defining Role Types
Lease Administration Roles	Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Lease Administration Roles	Defining Lease Administration Roles
Options	Setup Financials/Supply Chain > Product Related > Lease Administration > Options	Defining Lease Administration Options

In addition, customers licensed only for Asset Management will have access to the following pages for lease entry and processing residing under the Asset Management navigation:

Shared Product Functionality	Navigation	PeopleBook Sections to Refer
Migration and Transition	Asset Management > Asset Transactions > Leased Assets > Migration and Transition	Understanding the Data Migration and Transition Process
Create New Lease	Asset Management > Asset Transactions > Leased Assets > Create New Lease	Defining General Lease Information
Maintain Lease	Asset Management > Asset Transactions > Leased Assets > Maintain Lease	Defining General Lease Information
Generate Straightline Schedule	Asset Management > Asset Transactions > Leased Assets > Generate Straightline Schedule	Generating Straightline Accounting Schedules
Manual Straightline Adjustment	Asset Management > Asset Transactions > Leased Assets > Manual Straightline Adjustment	Performing Manual Straightline Adjustments
Processing Payments	Asset Management > Asset Transactions > Leased Assets > Processing Payments	Managing Transactions for Payment Processing
Pending Lease Payables	Asset Management > Asset Transactions > Leased Assets > Pending Lease Payables	Managing Transactions for Payment Processing
Manage Transaction Generator	Asset Management > Asset Transactions > Leased Assets > Manage Transaction Generator	Working with the Transaction Generator
Manage Interface to AP/Billing	Asset Management > Asset Transactions > Leased Assets > Manage Interface to AP/Billing	Running the Interface to AP/Billing Process