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PeopleSoft FSCM 54 Image Updates and Impact of One Big Beautiful Bill Act on Asset Management

Look at what’s new in PeopleSoft FSCM Image 54 to get better insights and understanding of features recently made available. Learn how productivity gains can be made through investments made across PeopleSoft Financials and Supply Chain Management.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, delivers major tax relief by reinstating 100% bonus depreciation for qualifying assets placed in service through December 31, 2029. OBBBA overrides the previous TCJA phase-out for any asset placed in service on or after January 19, 2025, restoring full 100% expensing through 2029.

To stay compliant, you’ll need to update configurations in PeopleSoft Asset Management. Attend this webinar to learn how to create new Bonus Depreciation Codes, applying the bonus to existing assets, and updating asset profiles for future asset additions.

Presenters:

Richa Dubey

Tina Thames