August LCD Processing

 

To personnel with Labor Cost Distribution (LCD) responsibilities, this is the monthly reminder to confirm your salary information by running your LCD Setup Audit.

Any changes to the distribution of funding for payroll expenses that you would like made for August 2013 payroll must be received in the Budget & Risk Management Office no later than Wednesday, August 28, at 5:00 p.m.

For staff member changes, all requests can be submitted directly to the Budget & Risk Management Office:

Alicia Wagner

Budget & Risk Management Office, CL 500

Extended Zip 0004

For faculty who are on release time and/or any split funding changes, employee profile requests must be approved by the Dean’s Office prior to submittal to our office. The Release Time Authorization (RTA) form for faculty on release time with the Research Foundation should be sent to Faculty Affairs – please do not send the RTA form to the Budget & Risk Management Office.

We cannot guarantee that requests for changes received after the deadline will be captured for the August payroll cycle.

Reminder: Payroll expenditures for Fiscal Year 2012/13 will reflect regular/negative pay for the months of July 2012 through June 2013; positive pay salary expenditures (e.g. student salary and overtime) will represent the months of June 2012 through May 2013. Positive pay for Fiscal Year 2013/14 will reflect expenditures for the twelve month period of June 2013 through May 2014.

If you have any questions, please contact Alicia Wagner at university.budget.office@sjsu.edu.

 

Close Out of IRA and Course Fee Funds

As you know, IRA and Miscellaneous Course Fee funds were rolled into the new SSETF fund last year.  Departments were given a year to spend balances in the old IRA and Course Fee fund groups.

We are in the process of closing out these fund groups and need your assistance.  Please review your current financial data and transfer any expenses that posted to IRA or Course Fee funds during the 2013-14 to another appropriate fund by September 30th.  Measures have been taken to ensure payroll expenditures will no longer post to these funds, but non-salary activity may have occurred since July 1st.

If you have any questions, please contact your Division Budget Analyst or your University Budget Analyst. University Budget Analyst assignments are available at: http://www.sjsu.edu/finance/directory/directory_bydept/budget_directory/index.html