PeopleSoft Project Costing

1. Project Setup: Define project structures, budgets, and accounting rules.
2. Budgeting: Set project budgets and allocate resources effectively.
3. Cost Tracking: Monitor project expenses, labor costs, and resources.
4. Resource Allocation: Assign resources based on availability and skills.

Before learning PeopleSoft Project Costing, it's helpful to have the following skills:

1. Basic Accounting Knowledge: Understanding of accounting principles and terminology to manage project budgets and expenses effectively.
2. Project Management Fundamentals: Familiarity with project management concepts such as project planning, budgeting, and resource allocation.
3. ERP System Knowledge: Experience with Enterprise Resource Planning (ERP) systems and their modules, including navigation and data entry.
4. Financial Analysis: Ability to analyze financial data, interpret reports, and make informed decisions based on financial information.

By learning PeopleSoft Project Costing, you gain the following skills:

1. Project Management: Ability to effectively manage and track project costs, budgets, and resources.
2. Cost Accounting: Understanding of cost accounting principles and practices related to project management.
3. Financial Analysis: Skills to analyze project costs, expenses, and profitability to make informed decisions.
4. ERP System Proficiency: Familiarity with using PeopleSoft ERP software for project costing and financial management.