Fiscal-Year-End Deadlines for Labor Redistributions

Labor redistributions (PZAREDS) must be completed and processed according to the following dates at the close of the fiscal year.

July 05, 2024 (5:00 PM)

Labor redistributions must be completed and approved (disposition 60) to appear on June FY24 preliminary statements.

SPECIAL NOTE FOR FY24 CLOSE

BW15 and MN7 will be processing one after the other on 7/9/2024 and 7/10/2024. Any labor redistributions not completed and approved to disposition 60 by 5:00 PM on Monday July 08, 2024 will not show up in Banner or on period 12 reports until after period 12 has closed. Please process all redistributions promptly and ensure job distribution records are accurate before accrual payrolls post.

July 11, 2024 (5:00 PM)

Last day to post labor redistributions to FY24. Labor redistributions must be completed and approved (disposition 60) to appear on June FY24 period 12 statement.

• For FY24 pay periods except MN 7 and BW 15 - Labor redistributions must have a manually entered override posting date in June 2024 to appear on the June FY24 period 12 statements. This field is in the upper left corner of the "Edit Labor Distribution" and "Search and Replace" tabs of the PZAREDS page and is labeled "Posting Date". The system date is automatically populated in this field, so the user MUST change the date unless the user wants the redistributions to post in July.
• For FY24 pay periods MN 7 and BW 15 - These pay periods are for services rendered partially in FY24, but paid in FY25, and therefore may have expenditures in both FY24 and FY25. See the job aid for performing labor redistributions related to this payroll located in the Year-End Labor Redistributions document.
• For FY24 pay period BW 14 - This pay period is for services rendered entirely in FY24, but paid in FY25, and therefore should be redistributed with the manually entered override posting date in June 2024 to appear on the June FY24 period 12 statements.
• July 12 through July 27, 2024 - No labor redistributions will post to period 14.

July 12, 2024

All labor redistributions completed and approved (disposition 60) on or after July 12, 2024 will post to FY25.

Refer to the Fiscal-Year-End Closing and Opening Procedures web page for more information on the year-end closing schedule and critical dates.