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Trace: • updatefinanceoptionsclearingfundmaintenance • Cancel EOY outstanding back orders • updatebudgetdataexecutestep14b • Review file IDs • Generate the Contract Balance Variance Report
general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:contractvariance

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general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:contractvariance [2021/06/17 16:31] – emorenogeneral:humanresources:checklists:firstpayrolloftheschoolyearchecklist:contractvariance [2025/06/27 19:28] (current) – emoreno
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 [[payroll:reports:payrollinformationreports:contractbalancevariancereport|Payroll > Reports > Payroll Information Reports > HRS6050 - Contract Balance Variance Report]] [[payroll:reports:payrollinformationreports:contractbalancevariancereport|Payroll > Reports > Payroll Information Reports > HRS6050 - Contract Balance Variance Report]]
  
-Complete the applicable report parameters and generate the report. +Complete the applicable report parameters and generate the report. Print and/or save this report. This report should have been reviewed during the Finance EOY Process but be sure to verify the information is accurate at this time. 
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 <WRAP center round important> <WRAP center round important>
-**IMPORTANT**: Verify the accuracy of payroll over the course of the school year. Investigate variances and correct if needed. +**IMPORTANT**: Verify the accuracy of payroll over the course of the school year. Based on your LEA's pay frequency, investigate the maximum acceptable differences and correct if needed. 
 </WRAP> </WRAP>
  
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 +Use the following variance thresholds accordingly: 
 +
 +^Pay Frequency^# of Pymts^Maximum Acceptable Difference^
 +|Monthly|12|.11|
 +|Semi-monthly|24|.23|
 +|Bi-weekly|26|.25|
  
 {{:general:step_24_first_py_of_sy_contract_variance.png|HRS6050 - Contract Balance Variance Report Parameters}} {{:general:step_24_first_py_of_sy_contract_variance.png|HRS6050 - Contract Balance Variance Report Parameters}}
  
 {{:general:step_24_first_py_of_sy_contract_variance_report.png|HRS6050 - Contract Balance Variance Report}} {{:general:step_24_first_py_of_sy_contract_variance_report.png|HRS6050 - Contract Balance Variance Report}}
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general/humanresources/checklists/firstpayrolloftheschoolyearchecklist/contractvariance.1623947462.txt.gz · Last modified: 2021/06/17 11:31 (external edit)

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