1. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management (AM) Hank Johnson Supervising Accountant Internal Audits – Specialized Accounting Capital Assets

2. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management (AM)  Adding Assets  Depreciation Calculation

3. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management (AM)  Adding Assets - Manual Method - Interface Method - Advantages vs. Disadvantages

4. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management (AM)  Manual Method  Capital Leases  Constructed Assets  Donated Assets  Interface Method  Purchased Assets  Non-Capital Assets

5. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Interface Method (Continued) Identify Capital Asset at Requisition, Purchase Order or AP Voucher AP Voucher is the best business practice Easy as 1-2-3

6. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Interface Method (Continued) Step 1 Mark Asset Check Box and select Profile ID on AP Voucher

7. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

8. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

9. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Interface Method (Continued) Step 2 Mark Auto Approve Status Check Box

10. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

11. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

12. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

13. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

14. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

15. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

16. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

17. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management

18. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Interface Method (Continued) Step 3 Change Useful Life and Save

19. County of Riverside ■ Office of the Auditor-Controller

20. PeopleSoft Asset Management  Interface Method (Continued) Easy as 1-2-3

21. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Interface Method (Continued) Advantages Disadvantages

22. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management  Advantages Eliminates double entry Minimizes keying errors Provides Audit Trail Updates the General Ledger in a more timely fashion Allows Capital Asset Payments to process in a timely manner

23. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management Disadvantages None

24. County of Riverside ■ Office of the Auditor-Controller PeopleSoft Asset Management (AM)  Depreciation Calculation - Calculated Monthly - Journal Generated to GL - Supplemental Ledgers GOV_AC_GRP (Governmental Fund) PROP_CP_AS (Proprietary Fund)

25. County of Riverside ■ Office of the Auditor-Controller Questions ? ? ? ? ? ? ? ? ? ?

26. The End

27. County of Riverside ■ Office of the Auditor-Controller