To be fully prepared for year-end close, refer to the guidelines below for important information regarding year-end labor redistributions:
- The primary pay events for MN7 and BW15 will be processed back-to-back on 7/9/24 and 7/10/24, respectively.
- Given that payroll adjustments and labor redistributions do not process alongside the primary pay events, any adjustments or redistributions which are completed on or after Monday, 7/8/24 at 5 PM will not process until the night of Thursday, 7/11/24. Those transactions will then appear in Banner on Friday, 7/12/24 and within the various reporting systems on Saturday, 7/13/24.
- The labor redistribution deadline for FY24 business is Thursday, 7/11/24 at 5 PM. There will be no opportunities to process labor redistributions for FY24 business after this date.
- To be fully prepared for these year-end deadlines, follow the guidelines below:
- Before MN7 and BW15 post, ensure that all job records have been assigned to an accurate C-FOP within the system. This will help reduce the need for a subsequent labor redistribution.
- If a labor redistribution is needed, be sure to follow the guidelines and deadlines laid out within the Fiscal Year End Deadlines for Labor Redistributions webpage.
- If a labor redistribution is needed, it is helpful to add comments to explain the reason for the redistribution. When processing a labor redistribution in PZAREDS, the Comment Box will be available after you press the Submit button and before the transaction is saved for the last time. This will help ensure a proper audit trail if the transaction is ever reviewed later.
- Finally, understand the difference between disposition numbers on a labor redistribution transaction. Disposition 60 means that the transaction hasn’t posted yet (but will post on the next available nightly process). Disposition 70 means the transaction has already posted to Banner. Any disposition less than 60 requires additional user input before it can process.
Contact
For further details, email your questions to uafrpayrollacctg@uillinois.edu and one of UAFR’s applicable subject matter experts will be happy to assist.
