1 / 9

CSF What Is It? CALCULATED SALARY FOUNDATION

CSF What Is It? CALCULATED SALARY FOUNDATION . CSF . July 1 Salary (created in budget construction) July 2 the salary changed and becomes the Calculated Salary Foundation In budget construction the salary amount to be incremented is the CSF or the most updated CSF amount (eg July 2). CSF .

geoff
Download Presentation

CSF What Is It? CALCULATED SALARY FOUNDATION

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CSFWhat Is It?CALCULATED SALARY FOUNDATION

  2. CSF • July 1 Salary (created in budget construction) • July 2 the salary changed and becomes the Calculated Salary Foundation • In budget construction the salary amount to be incremented is the CSF or the most updated CSF amount (eg July 2)

  3. CSF • CSF is associated with positions that are active, coded Regular, with the position budget flag checked, and the CSF flag checked on the job. • Regular is primarily associated with full-time employees • CSF is associated with base funded positions (all fund groups)

  4. CSF & HRMS e-docs • For Regular position hires, terminations, transfers, maintain pay, promotions, and demotions the CSF Tracker flag should be flagged regardless of the account number • The Maintain Funding e-doc is the only edoc that the CSF Tracker could be optional • Examples:

  5. AC1 person in budget at $70,000/12 100% on 10-200-00 effective date is 07/01/07. • Budget loads in June --- Oops I made an error in the salary in Budget construction – prepare Maintain Pay edoc with an effective date of July 01/07, CSF Tracker Flag must be flagged, this is TO CORRECT THE BUDGET • But we also want to split the salary with another account – BE CAREFUL – prepare the Maintain Funding Edoc but the effective date should be 07/02/07 and the tracker unflagged, by unflagging for budget construction this reverts back to the original funding for budgeting purposes. This will maintain the correct salary (base) on the 10-200-00.

  6. CSF and Edocs • Transferring a “Regular” employee to a different department plus a salary increase, transfer edoc is prepared and the CSF Tracker must be flagged. • A faculty is $70,000/10 100% effective date is 8/01/07, if the salary has changed since budget construction the effective date of the Maintain Pay Edoc should be 8/01/07 and the CSF tracker MUST be flagged.

  7. CSF & E-docs • An employee’s salary is on 10-200-00 but we decide to split 50/50 with 48-200-05 the CSF Tracker must be unflagged • An employee’s salary is on 10-200-00 but the decision is made to move the salary to 48-200-05 (100%) temporarily, since C&G accounts are not permanent funding the CSF Tracker should be unflagged.

  8. CSF Why Track? • It is important that we capture the “base” funding associated with people & “Regular” positions and how they are associated with the base funding in the compensation object codes. • Remember the CSF is the salary information to be loaded in Budget Construction, it is also used to monitor base variances and salary guidelines.

  9. Where to Find CSF Tracker Check Box • This box is found under “edit earnings” on the Maintain Funding Page. • See sample on CATS page.

More Related