Installation Options for Lease Administration -- Which transition date to use?
Hello, we will go live with Peoplesoft Financials in about two years. We currently record our leases and lease assets in our legacy system under the GASB 87 Standard.
We will be using Asset Management and the Shared Functionality of Lease Administration. We will not implement the full version of the Lease Administration
We are in the process of standing up a Gold/Configuration environment, and we are contemplating which date we should use for our Lease Administration installation Options transition date. As you know, once we check the Apply ASC...box and enter a transition date, we cannot update these values after.