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What is an Organization Suspense Account?

April 26, 2017account organization SUSPENSE

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What is an Organization Suspense Account?

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The organization suspense account is defined with a unique project number used only for labor suspense charges for each organization. Charges are applied to the Organization Suspense Account any time the IS cannot find a schedule for an employee for the current pay period or any portion of the schedule is inactive – either at the employee assignment level or at the Organizational Default Labor Schedule level. In addition, the IS charges the Suspense Account any time it encounters a deviation from the rules as established for the validity of PTAEOs, including valid start and end dates, along with applying the rule that all PTAEO combinations entered must equal 100% total. Charges to this account are temporary. All charges must be moved to a correct PTAEO on a regular basis.