Fiscal Year Memo
June 5, 2024
Fiscal Year Memo 2024-19: Earnings Code Processing During the Split Year Pay Period
The purpose of this memo is to inform departments of the methodology for distributing and recording payroll charges in HR/CMS and LCM/MMARS during the Split Year payroll period. The Split Year Percentage will be 100% to Fiscal Year 2025 for most payroll charges. All reimbursements will be charged to Fiscal Year 2024, as will the other exceptions discussed in this memo.