Financials
New Blog Design!
Welcome to our blog’s new layout and design. Oracle is always working to ensure a good user experience for our customers. In that spirit, we have revamped our blogs to bring our readers a more modern and intuitive presentation. All of the past content from our blog has been migrated to this new design and any blog post URLs you might have bookmarked in the past have been maintained. Thank you for visiting and reading our blog. We work hard to deliver you useful content to make...
Tuesday, April 25, 2017 | Financials | Read More
Legislative Update for PeopleSoft HCM on the Affordable Care Act
A special posting for release 9.2 is now available for the PeopleSoft Affordable Care Act functionality. This patch contains updates and fixes for specific issues related to the Affordable Care Act processing. You can view the changes by logging on the Oracle Community.
Monday, January 23, 2017 | Financials | Read More
Legislative Update for PeopleSoft FSCM India GST
India’s Government passed the much awaited Goods and Services Tax (GST) Bill, paving the way for the introduction of Goods and Services Tax (GST) which is expected to go into effect 4/1/ 2017. GST is considered the largest indirect tax reform in India, subsuming multiple taxes at central and state levels. GST is a single indirect tax on the supply of goods and services, right from the source to the consumer. Credits of input taxes paid at each stage ofthe supply chain will be...
Tuesday, January 17, 2017 | Financials | Read More
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.