Occasionally, you’ll need to correct errors in payroll after it processes. CU’s HCM Payroll Expense Transfer (PET) solution has a number of helpful features to make reallocating funding a breeze.
In addition to the usual year-end tasks, specific situations can arise with grant-funded positions and the electronic Personnel Effort Reporting System (ePERS).
There are a few best practices to keep in mind while creating a Payroll Expense Transfer (PET) to ensure correct accounting, a smooth fiscal year-end and collaboration between departments.
In addition to the usual year-end tasks, there are unique situations that can arise with grant-funded positions and the electronic Personnel Effort Reporting System (ePERS).
