Payroll Transfer Dates
When you transfer a payroll, the application creates a new payroll record for the assignment and, also populates element duration dates on the new and original payroll records.
These dates control how the application processes assignment level earnings and deductions on the new and original payrolls.
Carrie Smith is a temporary employee, assigned to a weekly payroll. She accepts an offer to become a full-time permanent employee in the same position starting on 20-Feb. Here's how you can update Carrie's assignment record:
-
On the Manage Relationship's page, you transfer her to a semimonthly payroll, appropriate for a full-time permanent worker.
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Set the effective date to 20-Feb, which is the date of payroll transfer.
The transfer sets element duration dates on the original weekly payroll and the new semimonthly payroll as shown below.
Semimonthly Payroll
|
Name |
Date |
Description |
|---|---|---|
|
Start Date |
20-Feb |
This is the date Carrie transferred to the semimonthly payroll. |
|
First Standard Earnings Date |
20-Feb |
This date is also set to Carrie's payroll transfer date. It controls the start date of entries such as salary on the semimonthly payroll. |
Weekly payroll
|
Name |
Date |
Description |
|---|---|---|
|
Last Standard Earnings Date |
19-Feb |
This is the day before Carrie's payroll transfer date. This date controls the end date of entries such as salary, on the weekly payroll. |
|
Last Standard Process Date |
23-Feb |
This is the last of the weekly payroll period in which Carrie's payroll transfer occurred. Use this to control the end date of entries such as, voluntary deductions on the weekly payroll. |
|
Final Close Date |
Example: 19-Aug |
This date is entered by the Payroll or HR administrator which ends Carrie's association with the weekly payroll. All outstanding payments including commission and overtime must be paid before you enter a Final Close Date. |
|
End Date |
N/A |
This is the end date of the semimonthly payroll. This date is defaulted when you enter a final close date. |