Configuring Margin

The margin calculation requires configuration prior to entering orders and calculating margins based on pay and bill rates. Your implementation team configures the values that the system uses in the margin calculation. Your organization bases these calculations on the costs associated with filling a position as well as the expected profit that is generated when you fill the assignment.

This topic discusses how to configure margin.

Page Used to Configure Margin

Page Name	Definition Name	Usage
Staffing Branch Page	FO_BRANCH_TBL	Configure margin.

Staffing Branch Page

Use the Staffing Branch page (FO_BRANCH_TBL) to configure margin.

Navigation:

Setting Up Financials/Supply Chain, and then Product Related, and then Staffing, and then General, and then Branch/Business Unit Mapping

Field or Control	Description
Fixed Cost Margin	Enter the margin for the system by branch. The fixed cost margin is the percentage of cost that is incurred for every hour of employee pay. Enter the figure as a number (not percent) with a maximum of two decimal places. For example, if the burden rate is 12.98 percent, enter the margin estimator at 12.98.

1. Establish fixed costs by branch.

2. Establish workers' compensation policy and rates.

   For PeopleSoft Staffing Front Office standalone (PeopleSoft Pay/Bill Management not installed), select Set Up Financials/Supply Chain, and then Product Related, and then Staffing, and then Payroll. Select either Workers' Comp Company Setup, Workers' Comp State Codes, Workers' Comp State Rates, or Workers' Comp by Job Code.

Note:

If you have PeopleSoft Pay/Bill Management installed, you establish workers' compensation policy and rates in PeopleSoft HCM. The information is then synchronized with Financials using application messaging.