Payroll/Personnel System Overview (PPSO)

Payroll Accounting System (PACS)

PACS is an internal financial management system of NFC. PACS processes over 500,000 accounts. The system computes and reconciles payroll appropriation charges, feeds information to other systems, and produces numerous external and internal reports and Standard Forms. PACS has two distinct, functional sides: accounting and reporting.

PACS accounting is referred to as the front-end processing of payroll information which includes:

• Computation of employee benefits
• Conversion of transaction codes to object classification codes for updating to the Central Accounting System
• Distribution of monies from employee deductions
• Validation of accounting data and treasury accounting symbols
• Balancing of employee records (i.e., gross pay to net pay)

PACS reporting is considered to be the back-end processing of payroll information. After PACS accounting has computed and processed the data, the reporting side handles the distribution of monies such as charitable contribution and State and Federal taxes (excluding financial allotments), which are reported to outside entities. PACS reporting provides a wide array of external and internal reports and forms. These reports/forms are disseminated to various entities, such as client Agencies, other Federal Agencies and Departments, health and life insurance carriers, etc.