Fiscal Year Memo FY2020-19: 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 70% to FY 2020 and 30% to FY 2021 for most payroll charges. All reimbursements will charge to FY 2020 as will the other exceptions discussed in this memo.