Fringe benefit, payroll tax, indirect cost charges for Accounting Period 1
The fringe benefit, payroll tax and indirect cost chargebacks for Accounting Period 1 (July) FY2022, has been postponed and will now run on Saturday, August 14, 2021. It was originally set to run on Saturday, August 7. All eligible expenditures processed during Accounting Period 1 will be subject to these assessments. Departments should ensure that the budget structure tables for appropriated (payroll tax only), federal grants and other non-budgetary accounts are properly established so these charges post without rejecting under object codes D09 (fringe benefits and payroll taxes) and E16 (indirect costs). Departments should also ensure that all programs and phases have unexpired “Effective To” dates.