Defining Labor Cost Transfer Templates

Use Labor Cost Transfer Template Entry (GM12.2) to define a single labor cost transfer template.

Labor cost transfer templates identify how an employee's earnings should be redistributed for a given period of time. The cost transfer also applies to employer-paid expenses if actual fringe was charged to grants. During labor cost transfer processing, eligible earnings and expense postings are automatically reversed and redistributed to the activities and accounts in the template.

You can set up a cost transfer template to apply to all earnings for an employee, or employee earnings for a particular pay code, job code, or position. Labor cost transfer templates must be approved to be eligible for processing. Unprocessed templates for the same employee with overlapping date ranges are not permitted.

For grants that require salary caps, the labor cost transfer template can be used to automatically cap the salary percentage assigned to a grant when the calculated salary exceeds the salary cap defined for the grant on Activity (AC10.1). The system checks for salary cap violations when transfer lines are added to the template, and when the template lines are reviewed for approval so that the corrections can be made before the transfers are processed.