PPT-Important Notice Regarding Payroll Processing Blackout Period

IOI Payroll will be updating employee deductions to be effective July 1 2015 following the Archdiocese of Chicago Annual Benefit Enrollment During this process a blackout period will be in place as follows. brPage 1br Pay Period Number Period Ending Payroll lockout Payroll confirm date Payday BW 13 December 28 December 30 January 6 January 09 BW 14 January 11 January 15 January 20 January 23 BW 15 By Adam boult and Cameron Ward. introduction. Imagine a blackout , when your in school , getting cold , only 2 days of food , and there is no way of contacting loved ones . Will you ever get out of this ? Will the power ever come back? And will you ever see your parents again ?. Chapter 15. 15-. 1. Learning Objectives. Describe the major business activities and related information processing operations performed in the human resources management (HRM)/payroll cycle.. Discuss the key decisions to be made in the HRM/payroll cycle and identify the information needed to make those decisions.. . By El, . T. yler and . T. olu . Blackout causes. One of the main reasons there will be a blackout is because of snow.. Thunder/lightning storms. Winter storms and heavy snow. Trees planted too close to power lines. Chapter 15. 15-. 1. Learning Objectives. Describe the major business activities and related information processing operations performed in the human resources management (HRM)/payroll cycle.. Discuss the key decisions to be made in the HRM/payroll cycle and identify the information needed to make those decisions.. What is batch processing?. Sometimes . we have a . lot of data to process.  and it is all of a . similar form. (e.g. we might have to calculate the pay for 10,000 employees - the calculations we have to do for each employee are very similar). Jan 2016. . Q & A Session - overview July 8, 2016. New Process for Payroll . . a. . . PFT file. . b.. . 500 Misc file. . c.. . Documents required. 1. New Responsibilities. Connie Jordan - KUCR Post Award . A RFA situation arises when an employee was paid on a correct position number BUT from an incorrect funding source for one or more pay periods. . RFAs should be an EXCEPTION. . Jan 2016. . Q & A Session - overview July 8, 2016. New Process for Payroll . . a. . . PFT file. . b.. . 500 Misc file. . c.. . Documents required. 1. New Responsibilities. General Accounting. To record transactions. Prepare financial statements. Cost Accounting. Determine the cost of producing a product or providing a service. Identify areas to control costs. Budget. Project costs and revenues associated with business activities. If you’re a small business owner, you’ll already know and hopefully appreciate that your employees are one of your most valuable assets and at the same time, they are your biggest expense, too. For that reason, it’s vital that employee working hours are monitored so that you can ensure you’re getting the most out of them for the benefit of your business. You must also maintain accurate and up to date records of any sick leave and holidays they may take, to be sure that you’re paying them correctly. Payroll Office. 8/26/2015. What is a payroll retroactive funding adjustment?. An RFA is a process to correct the payroll funding source for one or more pay periods for a specific position. . Essentially, Payroll forces the HR/Pay system to completely reverse each paycheck for the employee for every pay period involved. The new funding is then applied to all of the salary and fringe. . Small businesses are said to employ almost half of all workers in the U.S. and if you run a business with employees, then your payroll is likely to be a little different this year; here are the top 10 changes to payroll for 2019: TSB Business Speaker Series. All participants will be on mute. Questions can be submitted through the Q&A Feature – please add your email address at the end of your question. With over 300 participants today we will not be able to answer all questions during the session, but will try to answer some and will go through some FAQ’s.