Ensure that this year’s payroll (and effort) is allocated correctly before the close of the fiscal year.
Payroll professionals can take steps to stop or prevent overpayments by monitoring the payroll register and acting quickly to stop or pull the affected paycheck.
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.
Verify pay funding sources as soon as the payroll registers are ready and take action to amend errors.
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.
New overpayments guide will walk you through the steps to make a payroll adjustment after an overpayment.
It’s best to complete overpayment corrections and Payroll Expense Transfers (PET) within the year they occur. See details and upcoming deadlines.
If your salaried student employees recently graduated, remember to terminate their job record. Failing to do so will result in overpayments.