Overview

The Labor Distribution module, which sits between an institution's payroll system and the General Ledger, manages the accounting aspects of compensation-related expenses such as salaries and benefits. Whereas an implementing institution is responsible for populating the Labor Ledger tables from a payroll system, the Labor Distribution module allows users to post salary transfer, benefit transfer, Labor Ledger correction process, and Labor Journal Voucher entry documents to make necessary adjustments to the Labor Ledger records. Labor Ledger changes that affect your General Ledger are also passed through and posted to the General Ledger. The Labor Distribution module also generates mass transactions to update beginning balances during the year-end process.

All of these labor distribution processes are especially important in recording compensation records accurately in the general ledger and managing effort reporting in the Effort Certification module.

LD Overview