Fiscal-Year-End Deadlines for Labor Redistributions
Labor redistributions (PZAREDS) must be completed and processed according to the following dates at the close of the fiscal year.
July 6, 2012 (5:00 PM) - Labor redistributions must be completed and approved (disposition 60) to appear on June FY12 preliminary statements.
July 12, 2012 (5:00 PM) - Last day to post labor redistributions to FY12. Labor redistributions must be completed and approved (disposition 60) to appear on June FY12 period 12 statements.
- For FY12 pay periods except MN 7 and BW 15 - Labor redistributions must have a manually entered override posting date in June 2012 to appear on the June FY12 period 12 statements. This field is in the upper left corner of the “Edit Labor Distribution” tab of the PZAREDS form and is labeled "Posting Date". The system date is automatically populated in this field, so the user MUST change the date unless the user wants the redistributions to post in July.
- For FY12 pay period MN 7 - This pay period is for services rendered partially in FY12, but paid in FY13, and therefore may have expenditures in both FY12 and FY13. See the job aid for performing labor redistributions related to this payroll located in the Performing a Year End Labor Redistribution Job Aid document.
- For FY12 pay period BW 15 - This pay period is for services rendered partially in FY12, but paid in FY13, and therefore may have expenditures in both FY12 and FY13. See the job aid for performing labor redistributions related to this payroll located in the Performing a Year End Labor Redistribution Job Aid document.
- July 13 through July 31, 2012 - No labor redistributions will post to period 14.
July 13, 2012 - All labor redistributions completed and approved (disposition 60) on or after July 13, 2012 will post to FY13.
Refer to the Fiscal-Year-End Closing and Opening Procedures Web page for more information on the year-end closing schedule and critical dates and who to contact for questions.
Last Updated: March 22, 2012