Jobs Spanning Fiscal Years

Users can enter jobs that span fiscal years by setting the job End Date to a date that falls after the end date of the accounting cycle. The accounting cycle for the following year does not have to exist to create these jobs.

Entering Compensation Amounts

If the job spans two fiscal years, enter the total amount for the job in the Salary field. AptaFund will calculate the appropriate salary amount for the accounting cycle using the Begin and End Dates, the Work Days, and the Salary amounts. This information then appears in the Cycle Work Days and the Cycle Salary fields. These amounts can be edited as needed.

Hourly jobs that span fiscal years use the Begin and End Dates, the Work Days and the amount in the Rate field to calculate the Cycle Work Days and the Cycle Salary amounts.

FYE Rollover & Multi Year Jobs

The leftover compensation amounts for a fiscal year are rolled over to the new cycle during the FYE Rollover process. The amount then appears in the Salary field. Salary and Cycle Salary are the same if this is the final year of the multi-year job based on the End Date for the cycle and the End Date for the job. The Multi-Year box will also display unchecked to indicate that this is now a single-year job.

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