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.
Some faculty with nine-month academic year contracts may choose to have their pay distributed over a longer time period. Understand how these extended payouts align with fiscal year budgets and the general ledger.
Timing is everything when paying an employee who is terminated. Here are a few tips for payroll liaisons to ensure that an employee’s final pay after termination is processed correctly.
Some faculty with nine-month academic year contracts may choose to have their pay distributed over a longer period. Understand how these extended payouts align with fiscal year budgets and the general ledger.
