EPY: Does Payroll for North America Provide Functionality to Reconcile Escheated Checks? (Doc ID 655089.1)
Last updated on DECEMBER 18, 2015
PeopleSoft Enterprise HRMS Payroll for North America - Version: 8 SP1 and later [Release: 8 and later ] Information in this document applies to any platform.
This document was previously published as Customer Connection Solution 201043414
After a set number of days, if a payment is not cashed, then it is required by law for customers to turn over the money to the state. When we need to turn money over to the states, we would not want to void the checks because that would effect the employee's W-2s. This new function would have an indication on the check in case the employee came back for the money and we could refer the employee to the state.
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