Credits and Fall Offs

When you create a career assignment or you convert a temp-to-hire assignment, you charge a fee for the placement. You might also make guarantees regarding how long the employee will stay employed by the customer to earn your full placement fee. If this guarantee is not met, the customer may want part of the placement fee credited or refunded. This credit is called a fall off.

If you have both PeopleSoft Pay/Bill Management and PeopleSoft Staffing Front Office installed, the system can automatically create a fall off credit for a career assignment by simply clicking a button.

If you only have PeopleSoft Pay/Bill Management installed, this button is not available, so if a fall off occurs and requires a credit, you must manually add a credit memo in the delivered PeopleSoft Billing pages. You must provide the necessary reference information on these pages—such as the project, activity, contract, contract line, and billing plan—to have visibility to these credits from the PeopleSoft Project PeopleSoft Costing and Contracts pages.

Note:

If you have PeopleSoft Staffing Front Office installed, see the PeopleSoft Staffing Front Office product documentation for information regarding fall offs.