PeopleSoft FSCM Update Image 35 was recently released, and it contains a long list of helpful new features. Some of the highlights from the new Image update include:
- Uptake of PeopleTools 8.58
- Data Masking Using Page and Field Configurator
- Enhanced Fluid Delegation Framework
- Review and Process Journals Not Posted in Period
- Fluid Approval for Pushback Supplier Documents
- General Ledger Enhancements
- Add Revenue Estimate Budget Exception in WorkCenter – My Work
- Billing Enhancements
- Extend Manager Transaction Review in Projects
- Edit Cash Advance Accounting Details
- Asset Management Enhancements
- Additional Features
PeopleSoft FSCM Update Image 35 Highlights
Uptake of PeopleTools 8.58
PeopleSoft FSCM Update Image 35 is the first image to utilize PeopleTools 8.58. Among many new features, PeopleTools 8.58 delivers an updated contemporary look to the user interface – beginning with the sign-in screen.
The updated stylesheet and other branding elements have new colors, headers, widget designs, icons, and effects. This contemporary look can be seen with the banner, its buttons, the navigation bar, the menu, and their interaction effects. These updates apply to Fluid homepages, Fluid components, Fluid activity guides, Fluid pages and secondary pages, as well as two modal windows and dialog boxes launched from these Fluid applications. Similar updates apply to the stylesheet for Classic Plus components – ensuring a uniform look and feel across your PeopleSoft system.
Data Masking Using Page and Field Configurator
PeopleSoft enhances the Page and Field Configurator in FSCM Update Image 35 to configure data masking of component fields and search fields. You can now create a masking configuration and add the required fields to the configuration. PeopleSoft delivers four types of mask profiles that you can use to set the format of the masked fields depending on your business requirements.
Enhanced Fluid Delegation Framework
PeopleSoft FSCM Update Image 35 is the second Image to add transactions for the Delegation Framework for Approvals. This feature allows you to choose a proxy who can approve certain transactions on your behalf.
Financial Structure Requests and Supplier Transactions are now available for this feature, and PeopleSoft FSCM plans to add more transactions in future Images.
Review and Process Journals Not Posted in Period
In FSCM Update Image 35, the General Ledger WorkCenter provides a link to display journals that are not posted and where the journal date is after the current open period.
Fluid Approval for Pushback Supplier Documents
FSCM Update Image 35 enhances the Approval process to include a pushback option for supplier contract clause and documents in both Classic and Fluid Approvals.
This option allows an approver to push an approval request back to the previous approver for review. The approver can provide comments as to why the request is pushed back. The previous approver can make the required edits to the request and resubmit it for approval.
General Ledger Enhancements
General Ledger enhancements include:
- Retaining approval history for denied journals
- Expanding the configurable questionnaire on Structure Change Requests
Retaining Approval History for Denied Journals
FSCM Update Image 35 enhances the journal entry approval chain to retain approval history for denied journals. In addition, the system retains approval history for journals that are resubmitted for approval after modification.
Expanding the Configurable Questionnaire on Structure Change Requests
In FSCM Update Image 35, Structure Change Requests now include additional configurable fields to support the questionnaire. You can now provide additional information to explain the business justification further.
Add Revenue Estimate Budget Exception in WorkCenter – My Work
FSCM Update Image 35 enhances the Receivables WorkCenter My Work grouplet for revenue estimate exceptions and direct journal budget exceptions. These transactions display only budget checking errors.
Billing enhancements include:
- An expanded Billing Adjustment feature
- A Billing page update
Add Withholding to Bill Line After Credit Invoice
The Billing Adjustment feature for a government contract associated bill creates a withholding analysis type to represent a credit bill adjustment that has been added to the withholding line. In addition, Billing creates a withholding release analysis type to represent a credit and rebill adjustment that has been added to a withholding release line.
Expand Look-Up Options on Billing Pages
Billing pages now contain look-up options for an invoice and range selection ID.
Extend Manager Transaction Review in Projects
In FSCM Update Image 35, new configurable options allow customers to identify whether revenue can be recognized on project costing transactions that are not yet approved for billing. These options work with the Manager Transaction Review feature in Project Costing.
When the Review Required for Revenue checkbox is selected, the as incurred project transactions associated with the contract must be reviewed before they can be included in revenue recognition.
This is performed on the Manager Transaction Review page. When not selected, transactions are included in revenue recognition, even though they have not been reviewed and approved for billing on the Manager Transaction Review page.
To require revenue to be reviewed, select the Required for Billing checkbox on the Project Installation Options page.
When Require Review for Revenue is deselected, a transaction can be included in revenue recognition before it has been reviewed and approved for billing.
Edit Cash Advance Accounting Details
PeopleSoft enhances the Cash Advance feature in FSCM Update Image 35 by adding an Accounting Details grid to Cash Advance Transaction pages. Employees can use the Accounting Detail section to view of change accounting details or chartfield allocations for a cash advance.
The Employee Privilege template controls employee access to the Accounting Details grid for editing. Approvers can view or change accounting details or chartfield allocations for a cash advance using the Approved Cash Advance Report page.
Use the Approval Privilege template to control approver access to the Accounting Details grid for editing.
Use the View Cash Advance page to view the accounting details or chartfield allocation for a cash advance.
Asset Management Enhancements
Asset Management enhancements include:
- Associating multiple service requests to a work order
- Enhanced spreadsheet data import
- Enhanced preventive maintenance schedule
Associate Multiple Service Requests to a Work Order
In PeopleSoft FSCM Update Image 35, Maintenance Management enhanced the service request process to allow the association of multiple related service requests to a single work order. Use the Associate to Existing Work Order button on the Service Request page to link the service requests to an existing work order.
Use the information on the Associate to Existing Work Oder page to determine the work order to associate with the service request. When you’ve located the desired work order, click the Select button. When the work order is complete, the status of this service request and all associated service requests will be updated to “Completed.”
Use the Unassociate Work Order button to remove the link between a service request and a work order.
Enhanced Spreadsheet Data Import
The import data by spreadsheet process allows you to enter asset transaction data offline using a spreadsheet application and then importing the transaction data into Asset Management tables. To accomplish this, PeopleSoft Asset Management delivers spreadsheet templates that provide the framework and fields necessary to generate the required spreadsheet CSV file.
With PeopleSoft FSCM Update Image 35, Asset Management provides three new spreadsheet templates:
- Inter-Unit Transfer: Use the Inter-Unit Transfer template to transfer assets between business units.
- Recategorize Asset: Use the Recategorize Asset template to transfer assets from one asset category to another.
- Adjust Asset: Use the Adjust Asset template to adjust asset cost.
Enhanced Preventive Maintenance Schedule
In FSCM Update Image 35, Maintenance Management enhances preventative maintenance (PM) schedule components. The PM Schedule, PM Loop Schedule, and PM Location Schedule components display the View History link. These components maintain a history of the PM Schedule updates. The View History link displays the updates, such as when the PM schedule was last updated and by whom.
Additional features in PeopleSoft FSCM Update Image 35 include:
- Payables: Archive payment and voucher data in a high volume environment
- Treasury: Add data element to SWIFT payment formats
To learn more about the PeopleSoft FSCM Update Image 35 highlights, check out the video below.
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