Tuesday, August 11, 2009

HR Expenditures Queries Revised

Effective for the pay period beginning July 10, 2009, ERE will be budgeted and charged based on established rates applicable to all account types; state, local and sponsored. Accounts will no longer be charged ERE based on actual costs, the ERE assessment will be based on the new ERE rates. Each Employee Class in PeopleSoft will be assigned an ERE rate.

The HR Expenditures queries in My Reports contain both the new ERE rate and the actual ERE charges. For the pay beginning July 10, 2009, only the new ERE rates will appear in the queries. More information regarding the ERE rate change can be found at: http://www.asu.edu/fs/documents/commitment_accounting/ERE_RATES.pdf

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