This procedure outlines the steps to be taken to close the USPS fiscal year.
**NOTE** Payrolls with July or later pay dates in the new fiscal year cannot be processed unless STRS Advance has been completed. An error will be given if trying to Initialize the first pay in July: ****RUNNING A PAYROLL IN JULY BEFORE RUNNING STRS ADVANCE ****
Cost of Life Insurance over $50,000
In the "Totals" section of quarter report, the gross and adjusted gross should balance using a manual calculation
____________ + Non-Cash Earnings
= Adjusted Gross Calculated