Certain LD corrections made during FY 2024 for any prior year caused a GL summary to post entirely to salary & wages with nothing to fringe.  The Controller’s Office is posting a correcting entry to credit salary & wages and debit fringe benefits for these adjustments, so that the general ledger will accurately reflect the underlying payroll entry.

The issue was caused by the mismatch between the payroll period and the active fringe rate.  Going forward, all LD corrections submitted on a chart string should be for the current fiscal year.  We will continue processing LD corrections for FY 2024 as long as possible.  After FY 2024, LD corrections for prior fiscal years cannot include any chart string, only projects.