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.
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.
The Aurora Occupational Privilege Tax was repealed by Aurora effective Jan. 1, 2025. Beginning Jan. 1, employees working in Aurora will no longer have the $2 Aurora local tax withheld from their paychecks.
Timing is everything when paying an employee who is terminated. Many moving parts must come together, including crucial steps employees should take to ensure their benefits preferences and final payroll are processed correctly.
