Reallocation

Reallocation is under Payroll menu tab.

Click on New Reallocation button to create new reallocation.

Provide information such as Employee, payment cycle, and speed type and distribution. Click Search.

Move specific paychecks from one cost center to another

  • Users are now able to move specific paychecks from one cost center to another (without modifying the payroll assignment). This feature can be found on the payroll payment page:

  • You are able to move multiple employees on a payment page at the same time. The Move Assignment Payments feature should be treated as an internal MyNSM reallocation that is needed due to a PeopleSoft error. This will not generate a credit for the assignment's cost center. Only an expense for the cost center that the paycheck posted on. The payroll report will update when utilizing this feature.

  • When a paycheck is properly reallocated in PeopleSoft, you should utilize the MyNSM Reallocation feature (under Payroll>Reallocation) to properly reallocate the paycheck to the appropriate cost center (NOTE: the current funding source is based on where a paycheck is currently posted on in MyNSM. If you utilized the Move Assignment Paymentsfeature to move a payment from one cost center to another, the Reallocation feature will utilize that cost center not the assignment).

  • We now allow users to override the amounts (feature similar to PeopleSoft) as needed.

  • If you have an employee with multiple assignments for the same time period, we allow you to select the assignment that you are attempting to reallocate.

  • The updates done through these features will be reflected on the Payroll Report (under reports).

  • Payroll encumbrances will update on the cost center summary as appropriate based on utilizing these features.