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This 9.2 course is updated through Update Image 14. It covers several of the basic features and functions of PeopleSoft Purchasing and PeopleSoft Inventory. The Purchasing portion of this course covers the implementation steps for PeopleSoft Purchasing including setting up purchasing business units, buyers, requesters, suppliers, items, and the Approval Framework. The purchasing section of this course then discusses the entry and processing of purchasing transactions including requisitions, purchase orders, receipts, change orders, and purchase order contracts. This course discusses additional procurement options that include defining the default hierarchy, using distribution networks, establishing miscellaneous and landed costs, setting up sales and use taxes, and maintaining price adjustments.The Inventory portion of this course covers the implementation steps for PeopleSoft Inventory including setting up inventory business units, material storage locations, PeopleSoft Cost Management settings, items, and the Events and Notifications Framework. The inventory section of this course then discusses the entry and processing of inventory transactions including stocking items, adjusting stock levels, transferring stock, shipping orders, replenishing stock, and recording inventory count results. This course discusses additional inventory features that include using storage containers, establishing par locations, transferring stock between business units, recording the accounting for all inventory transactions, and receiving items from PeopleSoft Purchasing.Learn To:Set up the basic structure for Purchasing and Inventory Enter and process purchasing transactionsEnter and process inventory transactionsAdjusting purchase order prices and taxesMaintain an inventory business unitUnderstand integraion between PeopleSoft applicationsBenefits to YouYou'll learn to use the major features of both PeopleSoft Purchasing and PeopleSoft Inventory, which you can apply and build on when you return to your own business environment. Activities throughout the course provide step-wise examples that simulate scenarios in businesses like yours.Live Virtual Class FormatA Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.