PeopleSoft Inventory Setup Considerations

While PeopleSoft Inventory is not required to implement PeopleSoft Maintenance Management, it is highly recommended in order to keep track of materials used in performing work order tasks. Before you can use the PeopleSoft Inventory functionality in PeopleSoft Maintenance Management, the information that you must set up includes:

• Following PeopleSoft Inventory set up procedures and reading the topics in the PeopleSoft Inventory documentation: "Fulfilling Work Orders from PeopleSoft Maintenance Management, which describes the way PeopleSoft Inventory handles inventory fulfillment of work orders from the PeopleSoft Inventory point of view.

  See PeopleSoft Inventory: Understanding Work Order Item Fulfillment from PeopleSoft Inventory.

• Mapping the Inventory business unit to one or more work order business units and selecting the Inventory Commit rule and the Inventory Reservation rule in the work order business unit Integration page.

  You can also define the Inventory Commit rule and Reservation rule by shop and work order type. You can specify different combinations of commit rules and reservation rules for different shops or work order types, if applicable. The system will look at the setup at the business unit, shop, and shop type levels and determine the options to use for the commit and reservation rules.

• Setting up the debit/credit pair for inventory transactions using preestablished transaction groups that are delivered with your system.

  PeopleSoft Maintenance Management recommends setting up a generic accounting rule for transaction group 231, which means that the debit side of the accounting entry is driven from the work order.

• Configuring the ChartField selection using the Inventory transaction accounting rules and PeopleSoft Maintenance Management transaction group 231.

  Note:

  If users do not perform this configuration and only set up transaction group 231, then this transaction accounting rule will be used every time an Inventory issuance occurs.

See PeopleSoft Inventory: Understanding Work Order Item Fulfillment from PeopleSoft Inventory.

See PeopleSoft Inventory: Establishing a PeopleSoft Inventory Business Unit Structure.

See Understanding Overall System Setup Parameters for PeopleSoft Maintenance Management.

See PeopleSoft Cost Management: Understanding the Accounting Structure.