Purpose
To explain automatic processing of retroactive adjustments for closed contract periods
Affected Employees
Employees with Pay Basis Code 21P who have adjustments for a closed contract period.
Effective Date
Immediately
Automatic Processing Information
When a change occurs (Salary Change, Part Time Percentage Change, Leaves, etc.) that affects the amount an employee should have been paid for a closed contract period, the adjustment will automatically be calculated and displayed by the system. The adjustment will show in the employee's Time Entry record with the Earn Code "RCN".
The Earnings Begin Bate will be the Contract Begin Date and the Earnings End Date will be the Contract End Date. If the employee was in more than one department during the contract period being adjusted, the adjustment will show in the employee's Time Entry record for the department the employee was in on the Contract End Date.
Example: Rows on Contract Pay Panel:
Closed Contract Period | ||
|
08/20/1998 | Deptid: ZZZZZ |
|
06/09/1999 | Deptid: XXXXX |
Current Contract Period | ||
|
08/19/1999 | Deptid: YYYYY |
|
06/07/2000 | Deptid: YYYYY |
|
Payroll Register and Employee's Check/Advice
The Earn Code RCN and the adjustment amount will be displayed on the payroll register and the employee's check or direct deposit advice.
For Additional Information
Questions regarding this bulletin may be directed to the Payroll Audit mailbox.