Post-Migration Leased Asset Functionality

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). Customers licensed only for Asset Management are not required to install Lease Administration, but there will be limited access to functionality in 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

Lease Administration Business Unit

Setup Financials/Supply Chain > Business Unit Related > Lease Administration > LA Business Unit Definition

LA Accounting Rules

Setup Financials/Supply Chain > Product Related > Lease Administration > Accounting > LA Accounting Rules

Amendment Types

Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Amendment Types

Lease Types

Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Lease Types

Prorata Basis

Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Prorata Basis

Related Lease Type Setup

Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Related Lease Type Setup

Borrowing Interest Rate

Setup Financials/Supply Chain > Product Related > Lease Administration > General Definitions > Borrowing Interest Rate

Transaction Routing Codes

Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Transaction Routing Codes

Miscellaneous Rent Types

Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Miscellaneous Rent Types

Manual Fee Types

Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Manual Fee Types

Economic Index

Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Economic Index

Role Types

Setup Financials/Supply Chain > Product Related > Lease Administration > User Roles > Role Types

Lease Administration Roles

Setup Financials/Supply Chain > Product Related > Lease Administration > Financial Terms > Lease Administration Roles

Options

Setup Financials/Supply Chain > Product Related > 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

Migration and Transition

Asset Management > Asset Transactions > Leased Assets > Migration and Transition

Create New Lease

Asset Management > Asset Transactions > Leased Assets > Create New Lease

Maintain Lease

Asset Management > Asset Transactions > Leased Assets > Maintain Lease

Generate Straightline Schedule

Asset Management > Asset Transactions > Leased Assets > Generate Straightline Schedule

Manual Straightline Adjustment

Asset Management > Asset Transactions > Leased Assets > Manual Straightline Adjustment

Processing Payments

Asset Management > Asset Transactions > Leased Assets > Processing Payments

Pending Lease Payables

Asset Management > Asset Transactions > Leased Assets > Pending Lease Payables

Manage Transaction Generator

Asset Management > Asset Transactions > Leased Assets > Manage Transaction Generator

Manage Interface to AP/Billing

Asset Management > Asset Transactions > Leased Assets > Manage Interface to AP/Billing

For more information on lease migration, see:

PeopleSoft Lease Administration: Understanding the Data Migration and Transition Process