Correct Payroll Expenses
1. Correct payroll expenses (ie salary and fringe allocations) that have already posted
If you need to correct payroll expenses that have already posted, begin by running the Active Employee Funding and Pay report to confirm accuracy of assignment costing.
Is the costing correct in the above mentioned report?
- Yes – Submit a Payroll Correction to update the costing activity for prior pay periods. For HCM activity, the Correction Action Plan (CAP) requirement is waived until further notice. Journal Entry Justifications are still needed.
- No – Submit the Employee Costing Change form to update the employee costing. Important note on back dated ECC: There are known allocation issues tied to retro costing in HCM. Retro costing occurs when employee costing changes are backdated in the system. Learn more here.
2. Correct missing fringe payroll postings
If you notice missing fringe amounts, no action is needed from you. The Controller’s Office is taking a holistic approach to reconcile payroll and determine the journal entry postings at a funding source level; the Controller’s Office will post entries needed to correct the missing fringe.