Payroll Expense Transfers move expenses related to earnings, deductions and/or taxes to different combination codes (speedtypes). PETs do not increase or decrease expenditures and cannot change anything except the combination code (speedtype). Transactions are available for update once they have posted to the general ledger (GL).
Step-by-Step: Payroll Expense Transfer - PET (Regular Users)
Step-by-Step: Funding Entry
Job Aid: Manage Funding Suspense