Handle payroll funding errors and overpayments with these PET best practices

March 15, 2023 by Employee Services
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.
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Department Budget Table updated June 29 in preparation for the new fiscal year

June 29, 2022 by Employee Services
Fiscal year 2023 begins July 1, and the annual Department Budget Table roll-forward update was completed successfully on June 29.
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Check off these crucial 2022 HRGL fiscal year-end tasks

May 19, 2022 by Employee Services
Fiscal year 2023 (FY23) begins on July 1. Ensure that this year’s payroll (and effort) is allocated correctly before the close of fiscal year 2022.
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Prepare for the FY23 department budget table roll forward on June 29

May 18, 2022 by Employee Services
The fiscal year 2023 (FY23) Department Budget Table (DBT) roll forward will occur on June 29.
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Plan ahead for funding updates that extend to the next fiscal year

April 15, 2022 by Employee Services
To manage position funding between now and fiscal year end, the “Apply to Next Fiscal Year” feature will be enabled beginning May 1.
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Best practices for verifying payroll funding and initiating Payroll Expense Transfers

March 14, 2022 by Employee Services
Verify pay funding sources as soon as the payroll registers are ready and take action to amend errors.
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Be alert to position funding errors that may disrupt payroll

July 1, 2021 by Employee Services
Taking time to proactively check for data mismatches and active funding status in HCM can prevent delayed paychecks.
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Department Budget Table rollover complete for FY 2022

July 1, 2021 by Employee Services
The fiscal year 2022 (FY22) Department Budget Table (DBT) roll forward occurred on June 29.
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Make sure you check off these 2021 HRGL fiscal year-end tasks

May 13, 2021 by Employee Services
Fiscal year 2022 (FY22) begins on July 1. Ensure that this year’s payroll (and effort) is allocated correctly before the close of fiscal year 2021.
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Department budget tables roll forward to fiscal year 2022 on June 29

May 13, 2021 by Employee Services
The fiscal year 2022 (FY22) Department Budget Table (DBT) roll forward will occur on June 29.
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