PeopleSoft Lease Administration Data

PeopleSoft Lease Administration generates lease payment information that the Voucher Build process can build into vouchers. The Voucher Build - Staged Voucher Selection process (AP_VB_STGVCH) transmits the lease payment data to voucher staging tables. The process applies PeopleSoft Payables defaulting logic, and then calculates the appropriate VAT and sales and use taxes. Though the process can create positive or negative vouchers, it does not create prepayment vouchers.

If the real estate transaction is withholding applicable but the supplier is not configured for withholding, the process generates an exception. You must correct the errors, by defining withholding values for the supplier and the voucher, to continue processing the voucher.

The Voucher Build process also updates the detailed lease payment transactions with the associated voucher ID after this ID has been assigned by the Voucher Build process. PeopleSoft Lease Administration appends a three-digit sequence number to the lease payment number. This number is handled by the system as a voucher ID number, not as an invoice number. Because of this functionality, you must ensure that the Assign Invoice ID option is selected for these vouchers so that the system assigns the voucher ID number as the invoice ID number.