callicon +1 210-504-8191
whatsAppIcon +1 210-504-8191
emailIcon info@koenig-solutions.com
koenig-logo
logo-30-years
Login
koenig-logo
whatsAppIcon +1 210-504-8191
phoneIcon +1 210-504-8191

PeopleSoft Commitment Control Course Overview

PeopleSoft Commitment Control Course Overview

The PeopleSoft Commitment Control course is a comprehensive program designed to educate learners on the financial control and budget management features within the PeopleSoft system. It covers the fundamental concepts and terminology, as well as the features and functions of Commitment Control, a key component of PeopleSoft Financials used to track and manage budgets, expenses, and revenues.

Through the course, participants will learn how to set up and manage budgets effectively, secure budget data, and handle the entire budget lifecycle, from preparation to analysis. The course also delves into specific processes like the Procure-to-Pay lifecycle and managing project and expense budgets with Commitment Control. By understanding the implementation lifecycle and the intricacies of budget checking and exception processing, learners will acquire the skills necessary to maintain fiscal discipline and ensure financial integrity within their organizations.

This course is particularly beneficial for financial professionals and PeopleSoft users who aim to maintain a strong command over their organization’s finances, ensuring that spending aligns with approved budgets and financial goals. PeopleSoft Commitment Control, budget management, financial control, budget lifecycle, and fiscal discipline are central themes that will empower users to optimize their financial operations within the PeopleSoft environment.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

4.6 Ratings

Koenig's Unique Offerings

images-1-1

1-on-1 Training

Schedule personalized sessions based upon your availability.

images-1-1

Customized Training

Tailor your learning experience. Dive deeper in topics of greater interest to you.

images-1-1

4-Hour Sessions

Optimize learning with Koenig's 4-hour sessions, balancing knowledge retention and time constraints.

images-1-1

Free Demo Class

Join our training with confidence. Attend a free demo class to experience our expert trainers and get all your queries answered.

Purchase This Course

Fee On Request

♱

  • Live Online Training (Duration : 24 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • date-img
  • date-img

♱ Excluding VAT/GST

Classroom Training price is on request

  • Live Online Training (Duration : 24 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

Request More Information

Email:  WhatsApp:

Course Prerequisites

To ensure that students are well-prepared and can successfully undertake training in the PeopleSoft Commitment Control course, the following prerequisites are recommended:


  • Basic understanding of accounting principles and financial management concepts.
  • Familiarity with the structure and operations of a general ledger.
  • Experience with or knowledge of budgeting processes within an organization.
  • Proficiency in navigating and using PeopleSoft applications, or equivalent ERP system experience.
  • Ability to comprehend and apply business process flows related to financial transactions.
  • Comfort with using computer software and tools for data entry and analysis.

These prerequisites are designed to establish a foundation that will enable learners to grasp the course content effectively, participate in discussions, and apply the knowledge gained in practical scenarios.


Target Audience for PeopleSoft Commitment Control

The PeopleSoft Commitment Control course is designed for professionals managing financial transactions and budgeting within organizations.


  • Financial Analysts
  • Accountants
  • Budget Officers
  • Finance Managers
  • ERP Consultants
  • PeopleSoft Financials Users
  • Controllers
  • Procurement Specialists
  • Project Managers with budget responsibilities
  • IT Professionals implementing PeopleSoft Financials
  • Compliance and Risk Officers
  • Business Analysts in the finance sector
  • PeopleSoft Administrators and Developers
  • Financial Systems Analysts
  • Treasury Analysts


Learning Objectives - What you will Learn in this PeopleSoft Commitment Control?

Introduction to PeopleSoft Commitment Control Course Learning Outcomes:

This PeopleSoft Commitment Control course provides a comprehensive understanding of budgetary control and management using PeopleSoft's Commitment Control system, covering key features, setup, and integration with other modules.

Learning Objectives and Outcomes:

  • Understand the scope, terminology, features, and functions of PeopleSoft Commitment Control for effective budget management.
  • Learn the steps to successfully implement PeopleSoft Commitment Control, including the lifecycle from setup to deployment.
  • Gain knowledge on configuring Commitment Control options, setting up ledgers, defining budgets, and establishing budget periods and translation trees.
  • Master the setup of Commitment Control security, including securing ChartFields and configuring user-specific rules.
  • Develop skills to prepare and manage commitment control budgets, create budget journals, and perform budget transfers and analyses.
  • Acquire proficiency in the budget checking process, understand source transactions, and manage budget exceptions within the General Ledger.
  • Learn to manage the Procure-to-Pay lifecycle using Commitment Control, from requisition to voucher preparation, ensuring accurate encumbrance and expenditure tracking.
  • Discover how to manage project budgets within Commitment Control, including project setup, budgeting, and evaluating transactions with a focus on funding source control.
  • Understand the integration of Commitment Control with PeopleSoft Project Costing and the impact on project structure and financial management.
  • Gain the ability to handle expense budget exceptions, budget checking for expense transactions, and encumbrance rollovers for travel authorizations.