Payroll Posting - 07/27/16 update

posted Jul 27, 2016, 3:14 PM by Peyri Herrera
From MITI: Payroll transactions will post in the system by close of business on payday. Payroll Expense and Cash journals are already in the system and waiting for the batch job to post them on the payday. The baseline FY encumbrances are still being calculated for some of the Group 4 districts. Baseline FY encumbrances are calculated using the June payroll data. Once the baseline encumbrances are complete the encumbrance maintenance calculations will be run to update based on July payroll for any employee who has received a paycheck. Employees who have not yet been paid will not have their encumbrances updated until they receive a paycheck. As a general rule of thumb, payroll transactions will be in PeopleSoft Finance by close of business the last work day of the month.