Fiscal Year Memo 2026-23: Fiscal Year 2026 Earnings Code Processing During Accounts Payable Periods
The purpose of this memo is to inform departments of the methodology for distributing and recording HR/CMS Payroll charges in LCD and Mosaic during the Accounts Payable pay periods. To accommodate multi-year payroll processing, certain earnings codes will only charge to FY2026. This memo provides Payroll Directors with detailed guidelines on how to charge FY2026 during the Accounts Payable pay periods. Note that, in accordance with state finance law requirements, departments must account for expenditures in the fiscal year in which the obligation is incurred. Payroll Holds are needed for all Prior Fiscal Year charges during the Accounts Payable
periods.