Reminder about the Costing Copy Process

This year's costing copy process will run on Sunday, June 5th with the new FY 2012 costing rows now available. The FY 2012 costing rows will been inserted with a 07/01/2011 effective date. For tubs/units, this means:

  • Existing Employees
    • Any changes to an employee's costing occurring between June 6th and June 30th will need to be updated to the employee's FY2011 costing row. Make sure to choose the Override Future Costing radio button in the Job Data Change form to ensure the FY 2012 row is updated. If you fail to update the employee's FY 2012 costing it will reflect what was copied on June 5th
    copy_costing

  • New Hires, Rehires & Transfers
    • o For any new hires, rehires and transfers being processed with an effective date between June 6th and June 30th, you will need to add their FY2012 costing as only the FY 2011 row will be created via the hire process. Failing to add the FY 2012 costing will result in the employee’s costing getting charged to the department-level costing starting on 07/01/2011. To add the FY 2012 row, you can:
      • Use the Department Budget Table and Add a New Value for the employee - make sure to indicate 2012 for the Fiscal Year field value
      • Use the Costing Upload process - indicate FY 2012 in the Excel spreadsheet
      • Use the Job Data Change form with an effective date of 07/01/2011 - this will automatically create a costing row for FY 2012

For more information, please visit Eureka at: Personnel Actions>Update Costing.

Tag; PeopleSoft

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