Presented at RECONNECT Dive Deep - Virtual 2023
Session ID: 102040
This session will focus on the new GASB 96 accounting standards for SBITA's, Subscription Based Information Technology Agreements, such as cloud based software. In this session we will discuss the SBITA components, a working example using PeopleSoft Lease Administration and the required accounting entries. We will also discuss the configuration needed to support GASB 96 and that Lease Administration can support GASB 96 with out any customizations needed.