Agenda
You Have How Many Funds?!? Managing Multiple Colors of Money with PeopleSoft Project Costing
Track: Finance
Session Number: 9552
Date: Wed, Mar 1st, 2023
Time: 11:00 AM - 11:30 AM
Description:
The City of Seattle has hundreds of revenue streams with unique spending restrictions, from special-purposes taxes to bonds to grants. Ensuring appropriate tracking and usage of various "colors of money" is a challenge for the City's accounting staff. In 2018, the City deployed a new project-centric chart of accounts and began using PeopleSoft Project Costing and Funds Distribution to make it easier to assign expenses to various funding sources without forcing complex color-of-money tracking onto non-accounting staff. This session will explore lessons learned from the City's extensive use of PeopleSoft Project Costing and Funds Distribution to support complicated expense tracking requirements.
Sub-Categorization: Other
Session Type: Presentation
Session Length: Mini Session (30 min)
Cross Listed Areas: trk-1671
ERP Systems: PeopleSoft
Platform Type: N/A
Target Audience: Functional
Knowledge level: Intermediate
Tell us about you!: I have over 15 years experience implementing ERP systems and associated business process improvement projects in both the public and private sector organizations. I currently lead the PeopleSoft Financials team at the City of Seattle and have helped the City navigate a PeopleSoft re-implementation, chart of accounts redesign, and business process standardization initiative. I worked previously as a Talent and Organizational Performance Consultant at Accenture. I have a degree in Public Policy from Princeton University.
Sub-Categorization: Other
Session Type: Presentation
Session Length: Mini Session (30 min)
Cross Listed Areas: trk-1671
ERP Systems: PeopleSoft
Platform Type: N/A
Target Audience: Functional
Knowledge level: Intermediate
Tell us about you!: I have over 15 years experience implementing ERP systems and associated business process improvement projects in both the public and private sector organizations. I currently lead the PeopleSoft Financials team at the City of Seattle and have helped the City navigate a PeopleSoft re-implementation, chart of accounts redesign, and business process standardization initiative. I worked previously as a Talent and Organizational Performance Consultant at Accenture. I have a degree in Public Policy from Princeton University.
Speakers
Primary Presenter
Ben Amster
Deputy Director of Business Systems Division
City of Seattle
