No, this ‘PeopleSpeak’ word of the week has nothing to do with finding the love of your life; however, when you learn more about this feature within PeopleSoft and what it can do, we know you’ll want to get to know it better.
Effective Dating is used throughout the PeopleSoft system. You can predate information to add historical data to the system, or postdate information to enter it before it actually goes into effect. By using effective dates, you don’t delete values; you enter a new value with a current effective date.
Here’s just one example of how this would work, in this case, with the self-service module:
Using the future effective date feature, a student, faculty or staff member can enter a summer address where they want to receive mail and indicate when they want it to go into effect. In addition, they could enter an address they intend to use when they return in the fall and enter the effective date for that address change as well.
Effective Dating Categories:
- Current: Information (think of a row of data) with the most recent effective date that is closest to today’s date, but not a future date. Only one row is the current row.
- Historical: Information that has effective dates before the current data row. There could be multiple Historical data rows.
- Future: Data rows that have effective dates that are after the current date (today’s date). There could be more than one future rows.