Accrual Details
The Financial Services Department continues to strive towards accurate, timely, Financial Reporting on a Quarterly basis. In order to achieve this goal, Financial Services is posting quarterly Payroll Accruals to accurately capture the payroll expense in the month that it was incurred. For prior fiscal year Payroll Accruals, please click here
Note to Payroll Preparers: PP 26 has been used to calculate the accruals for Q4, so your department may wish to book uncommon expenses like “One Time Pay” events on any other period, to avoid accruing the marginally higher expense.
Quarter 1 Payroll Accrual – click Icon for Accrual journals and calculation through September 30.
Quarter 2 Payroll Accrual – Available after December 31.
Quarter 3 Payroll Accrual – Available after March 31.
Quarter 4 Payroll Accrual – Available after June 30.