Contents of the Close Pay Period Screen
Use the fields and options to configure the Close Pay Period screen.
Table Window
| Field | Description |
|---|---|
| Pay Cycle |
When you enter this screen, you are in
|
| Pay Cycle Description |
This field displays the pay cycle description. |
. Execute
Pay Cycle Schedule
The Pay Cycle Schedule automatically displays after you select the pay cycle. In this non-editable table, you can see which pay period (Start Date, End Date, Open, Payroll Year) is closed by this process.
| Field | Description |
|---|---|
| Close Pay Period |
Click
There are two edits in this process. There is a hard edit that prevents the pay period from being closed if there are current pay period transactions in the Payroll Journal that have not been posted to the General Ledger. There is also a soft edit that displays a message if there are no records in the Pay History for the current period. |
to close the current pay period. The Pay Period table reflects the closing; Costpoint clears the check box in the Open column.