TSS - Pay Cycles and Reimbursement Schedules- Accounts Payable/AP

Pay Cycles and Reimbursement Schedules- Accounts Payable/AP

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First Published  :Thu Sep 18 17:29:43 GMT 2014
Last Modified  :Wed May 03 20:41:24 GMT 2017
Last Published  :Wed May 03 20:41:24 GMT 2017
Summary :  When Accounts Payable runs payments

Response

Primary Information

    As of 3/6/2017:
    Cycles run on Tuesday mornings. There may be some exceptions due to holidays or other workload demands. Checks are printed in the morning. The system will select for payment all vouchers that have a payment due date in the same calendar week as the check run. For example, if the check run date is Tuesday, March 14, the system will select for payment all vouchers with a payment due date between Monday, March 13 and Friday, March 17. Payments to employees are issued via direct deposit rather than checks.

    Electronic (ACH) along with EFT and CTX (other types of direct deposit) payments to vendors are run on Mondays and Thursdays.  The deposits are made two business days later, and the payee is notified via email.

    If your request does not fit into normal payment cycles, or should you have additional questions, please Contact TSS.

    Prior to 3/6/2017:
    Check Cycles normally run on Monday and Thursday mornings. There may be some exceptions due to holidays or other workload demands. Checks are printed in the morning. The system will select for payment all vouchers that have a payment due date before the check run date. For example, if the check run date is Monday January 3, the system will select for payment all vouchers with a payment due date of January 2 or earlier. Payments to employees are issued via direct deposit rather than checks.

    Electronic (ACH) along with EFT and CTX (other types of direct deposit) payments to vendors are run on Tuesdays and Fridays.  The deposits are made two business days later, and the payee is notified via email.

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Keywords

    AP payments, pay cycle, get paid, when