
Oracle PeopleSoft Enterprise Financial Management 9.1 Implementation
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Before we delve into studying the PeopleSoft Financials applications, we need to understand that it is primarily an ERP application, meant to be used as a transaction processing system. Its core philosophy is driven by the need to record, process, and report accounting transactions of an organization.
In this chapter, we'll establish the understanding of core concepts of PeopleSoft applications—such as Chart of Accounts, Business units, SetIDs, Banks, User preferences, and related configurations. We'll also learn how to use an important tool known as Setup Manager, which is used in implementing PeopleSoft applications.
Note that these concepts are not related to a specific module and serve as the foundation for all subsequent modules in this book. A PeopleSoft Financials practitioner must understand these aspects to be able to successfully maintain and implement the applications.
This book relates to the version 9.1 of PeopleSoft applications. As a result, the concepts and screenshots in this book refer to the version 9.1. Some of the screens and basic concepts may be similar to previous PeopleSoft versions.
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