Understanding Adding and Maintaining Assets

PeopleSoft Asset Management stores the following types of asset information:

• Financial information includes details about cost, books, depreciation method and convention, and useful life.

• Physical information includes asset tag numbers, specifications, location, custodian, and manufacturer.

Oracle's PeopleSoft Asset Lifecycle Management (ALM) solution provides complete access to the entire asset portfolio, regardless of asset class, and featuring visibility into total cost of ownership by enabling cost tracking associated with acquisition as well as lifetime maintenance and performance.

Working with other products within the PeopleSoft ALM solution, including PeopleSoft IT Asset Management, PeopleSoft Maintenance Management, and PeopleSoft Lease Administration, PeopleSoft Asset Management provides functionality for the complete plan to retire business process, from the initial planning and acquisition of assets to the end-of-life disposal of assets.

PeopleSoft Asset Management provides a common Asset Repository Manager (ARM), accessible to all PeopleSoft ALM products and other PeopleSoft integrated products, which stores all asset data. The repository provides a single source for all physical, financial, or operational asset data.