Resources are now available for payroll liaisons to correctly approve, track, compensate and submit a request for reimbursement for union steward’s activities during work time.
The HCM payroll encumbrance calculation process is an important way to track projected payroll obligations — such as payroll, taxes and deductions — in the general ledger.
There’s more to payroll funding than position funding. Account codes classify the kind of earnings and benefits processed by payroll and are crucial for encumbrances and budgeting.
