miner mall assets

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Miner Mall Assets

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Miner Mall Assets. Welcome to Training!. Why PeopleSoft? PeopleSoft will help UTEP to grow. What’s Your Part? We need your skills and expertise in order to utilize PeopleSoft. It’s a vehicle and you’re the driver! Over time you will build your own history with PeopleSoft. - PowerPoint PPT Presentation

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Page 1: Miner Mall Assets

Miner Mall Assets

Page 2: Miner Mall Assets

Welcome to Training!• Why PeopleSoft?– PeopleSoft will help UTEP to grow.

• What’s Your Part?– We need your skills and expertise in order to utilize

PeopleSoft. It’s a vehicle and you’re the driver!– Over time you will build your own history with PeopleSoft.

• What to Know About Training? – Training is an investment in your professional growth.– Be open to change

Page 3: Miner Mall Assets

What Can You Do?• Feel free to ask questions and take notes.• Contact the Help Desk if you encounter a glitch or

forget how to complete a transaction.• Revisit the training webpage to review training

materials and videos.• Become your office’s “Go-To” person. Be willing to

offer your help. • Attend our Go-Live Work Sessions—open lab time

you can use to process live documents/transactions.

Page 4: Miner Mall Assets

Terminology• Asset – An Asset is an owned item of value. An

asset is determined by its cost and physical properties.

• Asset Profile ID – An asset profile is a way to categorize assets.

Page 5: Miner Mall Assets

What is an Asset Profile ID?

• Simply a “shortcut” to add required information each time you add an asset.

• The profile ID is made up of three separate categories that make up one asset profile ID.– Class code– Asset Definition– Category

Page 6: Miner Mall Assets

What is an Asset Profile ID?

1. Class code – A table of codes that is used statewide to standardize personal and real property reporting. It is 3 digits in length and has a specific description.

2. Asset Definition – Identifies if the asset is capitalized or controlled. CAP or CTL

3. Category - One or two digit numerical or alphanumerical category assignment with a description under that category.

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• Capital - Capitalized assets are assets that have a value equal to or greater than the $5000

• Control - A controlled asset is an asset that has a value less than $5000, but is considered of a high-risk nature. – Computers– TVs– Cameras

What is an Asset Profile ID?

Page 8: Miner Mall Assets

What is an Asset Profile ID?Class code Category

ExampleAsset Profile ID= 204CTL41

204 CTL 41

Class code for Desktop CPUItem is less than 5K but is controlled Category for Furn & Equipment - Owned

Category Description

1 Land and Land Improvements

2 Buildings and Building Improvements

3 Infrastructure, Depreciable

Code Description

201 SUPERCOMPUTER

202 MAINFRAME COMPUTER & PERIPHERALS

203 MINICOMPUTER, SERVERS

Page 9: Miner Mall Assets

What is NOT changing?

• Miner Mall will remain our PR/PO system of record.

• The overall functionality in Miner Mall will not change.

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What is changing?

• Assets will now be coded at the purchase requisition level in Miner Mall.

• The accounting codes section of Miner Mall has been modified to reflect the PeopleSoft chart field set-up which includes the Profile ID.

Page 11: Miner Mall Assets

Adding a Profile ID• Profile ID’s can be selected at either the

header or line levels of a PR document.

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• At the header or line level click on Select from all values to access the search window.

Adding a Profile ID

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• Enter a brief description and click Search.

Adding a Profile ID

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Things to keep in mind….• Not all items are considered assets and will not

require a Profile ID.

Page 15: Miner Mall Assets

References• Additional information and resources can be

found on the PeopleSoft website.

Job AidsPower Point slidesQuick GuidesCrosswalkUPKs

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Classroom Summary

• Topic summary.• Web page location. (Peoplesoft.utep.edu)• Training materials and UPK’s available.• Help Desk support available.• Drop in sessions available May 5th.• FAQ’s will be posted on the web site.

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Questions

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Thank You!