Service Purchase Administration

You use three components to administer a service purchase transaction:

• Verify Employment History

• Select Purchasable Service

• Purchase Service

Verify Employment History

Use the Verify Employment History component to gather information regarding employment history that is not in the system. The verification status tracks the process of gathering and verifying this information. When all applicable documentation is acquired from the employee, set the status to Verified. Verified employment history can be referenced when you identify a service period for purchase.

Select Purchasable Service

Begin a service purchase transaction by identifying the purchasable service in the Select Purchasable Service component. In this component, you can select:

• Periods of leave that have been recorded for an employee in the system.

• Instances of withdrawn contributions for an employee.

• Periods of leave that are not in the HR system but that have been entered in the Verify Employment History component.

When the service to be purchased is identified, you can create an estimate for that purchase. Creating an estimate creates a service purchase record and transfers you to the Purchase Service component, where you can complete the estimate and manage the service purchase process.

Purchase Service

Use the Purchase Service component to create purchase estimates based on parameters that you supply. You can vary the amount of service to be purchased, recalculate the cost, calculate the benefit with or without the purchased service, and model various payment options.

After the employee is satisfied with the estimate, you submit the transaction, acquire any necessary approvals, and finalize the employee’s election to purchase the service.

If you integrate with PeopleSoft Receivables, the system updates the status of the service purchase as it tracks the progress of the payments.