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).
There’s more to payroll funding than position funding. Account codes classify the kind of earnings and benefits processed by payroll. They are crucial for encumbrances and budgeting.
Some faculty with nine-month academic year contracts may choose to have their pay distributed over a longer time period. Understand how these extended payouts align with fiscal year budgets and the general ledger.
