The HCM payroll encumbrance calculation process is an important way to track projected payroll obligations—such as payroll, taxes and deductions—in the general ledger.
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.
Some faculty with nine-month academic year contracts may choose to have their pay distributed over a longer period. Understand how these extended payouts align with fiscal year budgets and the general ledger.
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.
