What is the difference between a Budget Retro Process (BR) and Direct Retro Process (DR)?
Budget Retro Process (BR) – This process is run each weeknight to redistribute actual payroll expenses to the HRMS account codes cited on a retroactive Employee Funding Profile (EFP). An EFP is considered retroactive if it affects actual expenses that have already been distributed. Budget Retro Distributions are triggered when an EFP is created with a funding begin date less than the pay period end date of the last pay period processed for your employee. The system calculates the difference between what was already distributed and the new distribution and creates the adjustment. Direct Retro Process (DR) – This process is run each weeknight to redistribute payroll expenses when the using of Budget Retro (BR) process is not an option. To use DR, departments will complete and submit a Direct Retro Request Form to Cost Analysis and Studies for processing. The form can be found at the FS-Payroll website http://www.fincsvc.umaryland.edu/payroll. The BR and DR deadlines are posted on the pay
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