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Treasury Changes Timing for Processing Direct Deposits

2024 Fiscal Year (FY) End Processing – (Excluding Social Security Administration, Casuals, DOI FBMS)

MEMORANDUM

DATE: August 30, 2024
TO: Federal Personnel and Payroll System and Finance User Group Representatives (Excluding Social Security Administration, Casuals, DOI FBMS)
FROM: Christine Zertuche-Rocha, Chief, Payroll Operations Division
SUBJECT: 2024 Fiscal Year (FY) End Processing – (Excluding Social Security Administration, Casuals, DOI FBMS)


For the 2024 FY end processing, pay period (PP) 2024-21, the Federal Personnel and Pay System (FPPS) will produce a split Labor Cost file. The file for the current FY will contain payroll costs for the period of September 22–30, 2024, and will use the normal naming convention. Payroll costs that appear on the current year Labor Cost file will include pay codes not related to a specific day such as Awards (i.e., pay codes starting with 30*). The Labor Cost file for the new FY will contain costs for October 1-5, 2024, and will contain “NEW.FY” at the end of the file name. Both files will be available following the calculate process for PP 2024-21. For each client, there will be only one FPPS Summary Reconciliation Report available in Datamart, which will contain the total charge for PP 2024-21.

Please share this information with all appropriate staff. If you have any questions, please contact Adrian Hafner, Branch Chief, Review and Analysis Branch, at Adrian_P_Hafner@ibc.doi.gov or (303) 969-7375.

 

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