Payroll Accounting

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Payroll Accounting

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The Payroll Accounting functional area encompasses multiple payroll-related processes such as assigning a costing allocation and creating a payroll accounting adjustment.

Costing allocations are the means by which an employee’s compensation is charged to appropriate USources, Grants, Gifts, Projects, and other costing worktags.

Payroll accounting adjustments are corrections to costing on previously posted payroll journal lines corresponding to a prior pay period(s). These processes utilize your knowledge of worktags and, depending on your security role, can be performed ad hoc.

Costing allocations should cover, at a minimum, the entire fiscal year.
These are required for all worker positions and in some cases will be assigned to the worker/position/earning level.
Costing allocations can be assigned as an ad hoc task or as a subprocess of a staffing event.

They are required after pays are completed and if the costing on the payroll-related journal line needs to be reclassified.
When initiated from Effort change, the adjusted payroll accounting details are populated from the Percentage Change on the Effort report. This only applies to UMCP.
Payroll accounting adjustments will require a Change Reason Code and responses to the Changed Effort Survey questions when grants are involved.