Last updated on DECEMBER 15, 2015
Applies to:PeopleSoft Enterprise FIN General Ledger - Version 9.1 and later
Information in this document applies to any platform.
Customer is requesting for a delivered Source Transaction type for Campus Solution and the possibility to have budget checking for this source.
1) Add Student Financials as delivered source in Commitment Control > Define Control Budgets > Source Transactions similar with Source Transaction Type HR_PAYROLL
2) Add budget checking options for Campus Solution
Currently there is no delivered source transaction type for Student Financials when navigating to Commitment Control > Define Control Budgets > Source Transactions.
Student Financials journal contains transactions for the entire day that include: expenses, revenues, receivables, payables and cash transactions.
Case 1: The customer has to hold the posting of for the entire day until some departments manually verify that the budget will cover their cost center. This is affecting another department to reconcile cash.
Case 2: If cost center has reached over the budget tolerance, the user is forced to reverse transaction and may then re-post it. This is creating confusion.
Both cases could be solved when using source transaction type Student Financials and budget checking for this.
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