PeopleSoft GASB 87 Lease Administration Case Studies for Higher Ed and Public Sector

PeopleSoft GASB 87 Lease Administration Case Studies for Higher Ed and Public Sector.

With the release of PUM Image 31, PeopleSoft now provides compliance with the new Lease Accounting Standards as specified in GASB 87. SpearMC will discuss the differences between ASC 842 and GASB 87, and will address systematic fits and known gaps in the delivered solution. We will touch on approaches for higher education and public sector organizations to plan for an implementation, with key concepts including:

• Tips for the collection and loading of lease specific data
• Applicability of Payable and Receivable leases
• Balance Sheet treatment for all applicable leases
• How to handle Multi-Book requirements
• Considerations with Commitment Control
• Integrations with other PeopleSoft modules
o Lease Loader through AM
o Payables Leases to AP
o Receivables Leases to BI / AR
o All Leases to GL