Payroll Retroactive Funding Adjustments (RFA) - PowerPoint Presentation

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Payroll Retroactive Funding Adjustments (RFA)

Payroll Office

8/26/2015Slide2

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. RFAs are not part of a regular business process and should be avoided if possible.Slide3

When Could an rfa be necessary?An RFA could be needed for many reasons such as:Grant or other funding was set up lateAn employee spent a higher percentage of time on a project than expected

A student ran out of federal work study fundsFunding changes were submitted late by the department or other staffSlide4

How is an RFA submitted?RFAs are submitted via Personnel Action Form (PAF) through the HR website or myKU.

The required fields are outlined in red. Be sure to select Retro-Active Fund Rqst as the Personnel Action WorkflowSlide5

Office of Research funded box If the RFA involves a grant or any KUCR non-grant funds, the Office of Research Funded box must be check to properly route the PAF for approvals.

Funds 908, 938, or 958 KUCR sponsored projects717-718 UKANS sponsored projects9XX KUCR fund (start-up, matching, facilities & administration, and major project planning grant)2301XXX-099 GRF (General Research Fund)2302XXX-099 NFGRF (New Faculty General Research Fund)Any cost share involving a sponsored projectFailure to properly route a PAF can result in a significant delay of processing. Slide6

Dean Funding approval boxThis box should be checked for any RFAs which involve

funds that need approval by the Dean’s Office for one of the University Schools. After checking the box, a dropdown list becomes available to select the proper school for routing. School of ArchitectureSchool of Business

College of Liberal Arts & SciencesSchool of EducationSchool of EngineeringSchool of JournalismSchool of LawLibrariesLife Span InstituteSchool of MusicSchool of PharmacySchool of Social WelfareSlide7

RFA submission – Job section

Only the comp rate and frequency are required fields for this section. For RFA purposes, this section is little used. Any comments entered will be read. If the employee transferred between contract and bi-weekly or changed comp rate during the RFA period, this would be a good place to note it along with the effective date. Slide8

RFA submission – Position section

Only the schedule must be completed for this section. The standard hours and FTE will update based on the schedule. For RFA processing, the most important part are any comments related to the funding change and standard hours for mid-pay period funding changes.Slide9

RFA submission - FundingThe effective date of the first funding row should match the effective date of the PAFThe funding row should include 100% of the funding for each pay period.

The pool ID must be included if the position is pool fundedUse the comments box to describe the expected transaction such as “RFA for PPE 06/21/14 to move $56.31 salary and $5.63 fringe from 7001841-003 to 7009000-908-KAN0069548”Add as many funding rows as needed throughout the RFA period. Include a funding row or a comment such as “no change to future funding” to describe what should happen to the funding after the RFA period

This is the most important section of the PAF when requesting an RFA Slide10

What needs to be submitted with all RFAs?DEMIS Gross and Fringe report for each pay period being adjustedExcel formatted reports are preferred. PDF or Word documents are acceptable.

All pay periods should be on the same formInclude gross dollar amount totalsDo not delete any rows from the affected pay periods even if they are not changingSlide11

How to obtain DEMIS gross & fringe reportLog into the DEMIS portalSelect the HREO tabSelect the appropriate fiscal yearUse report breaks

Chartfield String (Account Code FY 13 & 14)VoucherUse DEMIS additional extract columnsEmployee ID & Record NumberDepartmentPosition NumberPool ID

True Pay End DateCost CenterFundProject or GrantChartfield 3 (Scenario FY 13 & 14)Offcycle FlagExport in ExcelClick RunSlide12

What else might need to be submitted?A signed Payroll Cost Transfer Form must be submitted if any grants or KUCR funds are involved. Slide13

RFA approval process RFAs go through an approval process outlined below based on funding and timing. Involves grant funds, it will be approved by the RGS teams

Involves dean funding, it will be approved at the Dean’s Office. If the RFA effective date is more than 45 days from the current pay period and involvesNon-grant funding. It will be approved by Katrina Yoakum. Grant funding. It will be approved by Kristi Billinger.Non-grant KUCR funding. It will be approved by Linda Sadler.Slide14

When should an RFA not be used?An RFA should not be used if the employee was paid on the wrong position. If the employee is assigned to the wrong position, a PAF should be completed to transfer the employee

(choose Position Data Update workflow – job action code Transfer). HR appointment staff will route the appropriate adjustments to Payroll for processing.If the employee with multiple positions logged hours on the wrong position, the employee’s time sheet should be corrected. Once the corrections have been approved by the supervisor, the corrections will load through time and labor to Payroll for adjustment. An RFA should not be used to transfer charges from one cost center to another cost center on the same fund or between 099/003 funds.

Example: moving charges from 2800010-099 to 2800000-003These should be handled via budget transfer. If a budget transfer is not possible, please note the attempt in the comments to avoid duplicate effortsSlide15

RFAs will not be processed:For student non work-study funding to work-study funding (fund 709)For only employer fringe cost for GTA/GRA student insuranceFor specific dollar amountsFor moving charges from 003 to 099 or 099 to 003 for the same cost center

For fringes onlyTo spend down a projectSlide16

How can an RFA be avoided? Monitor the DEMIS reports each pay period Monitor the end date for projectsRequest provisional funding

Use a budget transfer to move the chargesMove charges other than payroll to correct the expenditure Slide17

Important things to check before hitting the submit buttonWould someone completely uninvolved understand what needs to be changed, how it needs to be changed and why it needs to be changed by reading the PAF? Are the effective dates correct and matching?Are the employee ID and position number correct?

Are the approval boxes checked correctly for routing?Are the supporting documents attached?Are the funding rows correct? Is the pool ID listed if needed?Are the funding designators included?Slide18

Questions If you have any questions, please call the Payroll Office at 4-4385 or email payrollrfa@ku.edu.