Common Elements Used in Lease Administration

Field or Control	Description
Business Unit	Identification code that represents a high-level organization of business information. Use a business unit to define regional or departmental units within a larger organization.
Effective Date	Date on which a table row becomes effective; the date that an action begins. For example, if you want to close out a ledger on June 30, the effective date for the ledger closing would be July 1. This date also determines when you can view and change the information. Pages or panels and batch processes that use the information use the current row. See PeopleTools: Applications User's Guide
Effective Status	Indicates whether a row in a table is Active or Inactive. You cannot display inactive rows on transaction pages or use them for running batch processes. Inactivate rather than delete data you no longer use in order to maintain an audit trail.
Fund	An accounting entity established for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. This is a delivered PeopleSoft ChartField, specific use of which is typically defined by your organization during implementation of PeopleSoft General Ledger.
Fund Affiliate	ChartField used to correlate transactions between funds when using a single intraunit account.
Landlord	An entity that owns and rents land, buildings, or dwelling units.
Language or Language Code	The language in which you want the field labels and report headings of your reports to print. The field values appear as you enter them. Language also refers to the language spoken by an employee, applicant, or non-employee.
Lease	Legally binding agreement between a landlord and a tenant where the tenant rents all or part of a physical property from the landlord.
Operating Unit	ChartField used to identify a location, such as a distribution warehouse or sales center.
Payee	The entity to whom a payment must be made.
Payor	The entity who is required to make a payment.
Process Frequency	Select the appropriate frequency from the drop-down box: Process Once: Executes the request the next time the batch process runs. After the batch process runs, the process frequency is automatically set to Don't Run. Don't Run: Ignores the request when the batch process runs. Always Process: Executes the request every time the batch process runs.
Process Monitor	A link that accesses the Process List page, where you can view the status of submitted process requests. See PeopleTools: Process Scheduler
Product	ChartField that captures additional information useful for profitability and cash flow analysis by product sold or manufactured.
Program	ChartField that identifies groups of related activities, cost centers, revenue centers, responsibility centers, and academic programs. Tracks revenue and expenditures for programs.
Project	ChartField that captures information for project/grants accounting.
Report ID	Unique identification code for a report.
Report Manager	A link that accesses the Report List page, where you can view report content, check the status of a report, and see content detail messages (which show you a description of the report and the distribution list).
Request ID	A request identification that represents a set of selection criteria for a report or process.
Right-of-Use (ROU) Asset	An asset that represents a lessee’s right to use an underlying asset for the lease term.
Run	This button takes you to the Process Scheduler request page, where you can specify the location where a process or job runs and the process output format.
Run Control ID	An identification code that identifies the run parameters for a report or process.
Select All	Click this button to select all options on the page.
SetID	An identification code that represents a set of control table information or TableSets. A TableSet is a group of tables (records) necessary to define your company's structure and processing options.
Short Description	Any text up to 15 characters.
Tenant	An entity that pays rent to use or occupy land, a building, or other property owned by another.
User Defaults	User preferences and defaults used for PeopleSoft Lease Administration.
User ID	The system identifier for the individual who generates a transaction.