PeopleSoft Receivables Rel 9.2 Ed 1 Course Overview

To ensure that participants can effectively absorb the content and get the most out of the PeopleSoft Receivables Rel 9.2 Ed 1 course, the following prerequisites are recommended:

• Basic understanding of accounts receivable principles and practices.
• Familiarity with general ledger and accounting concepts.
• Experience with navigation and common operations within PeopleSoft applications, or completion of a PeopleSoft introductory course.
• An understanding of how to run processes and reports in a PeopleSoft system.

These prerequisites are intended to provide a foundation that will help learners more readily grasp the course material and apply it to their work in PeopleSoft Receivables. It is important to note that while having these prerequisites will certainly enhance the learning experience, motivated individuals with a willingness to learn and engage with the material should not be discouraged from enrolling.

Target Audience for PeopleSoft Receivables Rel 9.2 Ed 1

PeopleSoft Receivables Rel 9.2 Ed 1 is designed for professionals managing financial transactions and receivables within organizations.

• Financial Analysts
• Accounts Receivable Managers and Clerks
• Finance Managers
• ERP Consultants
• Business Analysts
• Implementation Consultants
• IT Support Staff specializing in finance applications
• PeopleSoft Administrators and Developers
• Project Managers overseeing financial systems
• System Integrators working with PeopleSoft Financials
• Accountants specializing in receivables or credit management

Learning Objectives - What you will Learn in this PeopleSoft Receivables Rel 9.2 Ed 1?

Introduction:

Gain proficient knowledge in PeopleSoft Receivables 9.2 to manage receivable processes, from setting up business units to aging receivables and managing credit.

Learning Objectives and Outcomes:

• Understand the implementation and integration of PeopleSoft Receivables within a financial management solution.
• Establish and configure PeopleSoft Receivables Business Units, SetIDs, and Record Groups to reflect organizational structure.
• Customize Installation Options, User Preferences, and set up core credit and collection options to align with company policies.
• Manage customer information effectively, including creating credit profiles and maintaining up-to-date contact details.
• Define item processing setups such as Group Types, Origin IDs, and Distribution Codes for accurate transaction handling.
• Enter and process items online, manage external pending items and execute the Receivable Update Process.
• Utilize the Receivables WorkCenter for efficient item and customer inquiries, updates, and maintenance tasks.
• Configure payment processing settings including Deposit Types, Bank Account Information, and Automatic Entry System Functions.
• Accurately enter and manage payments through various methods such as regular, express, and electronic payments, including lockbox and spreadsheet payments.
• Utilize Payment Predictor for efficient payment application, understanding its algorithms, and improving auto-matching accuracy.
• Execute item maintenance tasks using worksheets, understand the matching and refund processes, and manage payment unposts and transfers.
• Implement and operate Automatic Maintenance processes to streamline account reconciliations and adjustments.
• Set up and generate aging reports to monitor and analyze the financial health of receivables.
• Produce customer statements and manage credit, collections, and exceptions to maintain healthy cash flow and minimize bad debt.