Project Costing to Commitment Control Process

The Project Costing to Commitment Control process:

  • Loads Project Costing Commitment Control rows from the Project Transaction Interface table to the Commitment Control Header (PC_KK_HDR) and Commitment Control Line (PC_KK_LN) staging tables.

  • Creates transaction IDs that the system uses to identify rows that it posts to the Project Transaction table.

    You can view transaction IDs in the Project Details tab of the Project Budget Periods - Adjust Budget Periods page.

  • Checks budget entry or adjustment security.

  • Based on the budget definition, sends only defined ChartField data to Commitment Control and retains the budget detail data in PeopleSoft Project Costing.

    When you send a new budget from PeopleSoft Project Costing to Commitment Control, the Project Costing to Commitment Control process adds the project to the Control ChartField page in Commitment Control when Project is specified as the control ChartField in the budget definition.

  • Converts the currencies of the project transaction amounts to the base currency of the general ledger business unit that is integrating with PeopleSoft Project Costing.

  • Calls the Commitment Control Budget Processor.

  • Updates rows in the Project Transaction Interface table with either a Posted or an Error Commitment Control distribution status and budget header status after the Budget Processor completes.

  • Creates journal IDs that appear on the Commitment Control tab of the Project Budget Periods - Adjust Budget Periods page after transactions successfully post to Commitment Control tables.

    The Commitment Control transactions in the Project Transaction Interface table serve as PeopleSoft Project Costing journal entries. The journal ID acts as a link so you can drill down to the Commitment Control Budget Details page.

The budget period is a required field in the budget journal. For budget rows that originate in PeopleSoft Grants, the Project Costing to Commitment Control process derives the budget period from the calendar ID on the Keys and Translations page in Commitment Control based on the accounting dates in the Project Transaction table. For budget rows that originate in Projects Budgeting, the budget period is based on the budget plan calendar.

The Project Costing to Commitment Control process does not create fund source allocations.

For more information about Commitment Control Security, see PeopleSoft Commitment Control: Understanding Commitment Control Security.