Tuesday Feb 03, 2015

Separating Billing and Revenue in Support of the New Revenue Accounting Standard

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued new revenue accounting standards in May 2014 with an effective date of 2017. PeopleSoft FSCM Update Image 10 includes enhancements to the PeopleSoft Contracts and Project Costing modules to support customers in their transition to the new accounting standards.

A summary of the changes is included on the PeopleSoft Apps Strategy blog.

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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

For other useful information about PeopleSoft Applications see the PeopleSoft Applications Strategy Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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