What date is on PPE 12/31 paychecks? When will the bank make deposits available to customers?
Physical checks and direct deposit remittance advices are dated for the first day of the year - January 1.
Direct Deposits have a settlement date for the first business day of the year. Some credit unions or banks make these funds available earlier as a customer service measure, but they do not have to do so. Contact your bank directly for a specific answer to when this money will be in your account. Why do I need to set November P010 dates for November corrections? My employee is not terminating.
OSPA automatically sets November P010 dates for you when you set the corrective flag on the P190 screen. Entering P010 dates forces OSPA to date any November checks with a 2009 date. Without November P010 dates, OSPA dates November checks the same as it would a December check. Namely, 1/3/2011 or 1/14/2011.
See previous e-news announcements
for more detail. Why can't I set correctives for September and October once November has closed?
Once November is closed in mid-December, OSPA controls its tax-year postings by the dates on the P010 screen. Since there is room for only one month's P010 dates, there can be only one open corrective month once the year is closed.
Additionally, OSPS stages pay periods, pay dates, and fiscal posting dates for the next year at that time.
November is closed to access following December Run 2, and December is closed to access following February Run 2 for the same reason.