Payroll/Personnel Processing Cycle (Exhibit 1)
The Payroll/Personnel Processing Cycle is illustrated below. This particular sample diagram illustrates the daily processing of the payroll/personnel transactions which revolves around a 2-week cycle. Listed below are the symbols and descriptions to the Payroll/Personnel Processing Cycle.
Symbol |
Description |
---|---|
PINE |
Payroll/Personnel transactions are processed through the Personnel Input and Edit System (PINE) every Monday through Friday of each pay period. The first pass of PINE for the current pay period processes on the second Monday of the pay period. |
TIME |
Time and Attendance (T&A) Reports are processed through the Time and Attendance Validation System (TIME) on the first Sunday through the first Friday of the following pay period. |
PAYE |
PAYE is processed on the first Thursday and Friday. |
BEAR |
Bi-Weekly Examination Analysis and Reporting System (BEAR) processes on the second Sunday of the pay period. |
DD/EFT |
Direct Deposit/Electronic Funds Transfer (DD/EFT) settlement date is the second Monday of the following pay period. |
|
Paper Check date is the second Monday of the following pay period. |
See Also |