Central Payroll

120 DAY CALCULATIONS FOR PAYROLL COST TRANSFER

Payroll home Biweekly Pay and Factor Accruals Paycheck and Pay Dates Payroll System (PPS) Glacier/Foreign Tax Compliance Income Tax

Reference Calendar: August 2016 - August 2017 Pay Cycles

Ledger Month + 120 Calendar Days Last Pay Cycle Available to Process Cost Transfer Pay Cycle End Date OPTRS Final Deadline
August 31, 2016 December 29, 2016 B2 December 17, 2016 December 19, 2016
September 30, 2016 January 28, 2017 B1 January 28, 2017 February 2, 2017
October 31, 2016 February 28, 2017 B1 February 25, 2017 March 2, 2017
November 30, 2016 March 30, 2017 B1 March 25, 2017 March 29, 2017
December 31, 2016 April 30, 2017 B1 April 22, 2017 April 27, 2017
January 31, 2017 May 30, 2017 B1 May 20, 2017 May 24, 2017
February 28, 2017 June 17, 2017 B1 June 17, 2017 June 22, 2017
March 31, 2017 July 29, 2017 B2 July 29, 2017 August 2, 2017
April 30, 2017 August 28, 2017 B2 August 26, 2017 August 30, 2017
May 31, 2017 September 28, 2017 B2 September 23, 2017 September 28, 2017
June 30, 2017 October 28, 2017 B2 October 21, 2017 October 26, 2017
July 31, 2017 November 28, 2017 B2 November 18, 2017 November 21, 2017
August 31, 2017 December 29, 2017 B2 December 16, 2017 December 18, 2017

For a payroll cost transfer to be considered timely (i.e., within 120 days), it must be processed in a pay cycle that has a pay period end date on or before the 120 calendar days following the close of the month in which the payroll expense posts to the ledger.Example: 

Example:

July 2015 payroll expense
Ledger month end date = July 31, 2015
120 calendar days = November 28, 2015
Last payroll cycle ending on or before November 28, 2015 = B1 cycle, ending November 18, 2015
OPTRS Final Deadline for processing = November 24, 2015