Part III - UNM Finance: Practical Applications

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Standard Accounting Resource Manual (SARM)

MSC 0000 00
1 University of New Mexico
Albuquerque, NM 87131

Labor Redistributions

Labor redistribution processes provide a means to use one system for faculty, students and staff instead of multiple forms and varied locations to make the corrections and changes.

LoboWeb Employee Self-Service and Banner form PHAREDS provides departmental data entry access into Banner. The department is responsible for maintaining documentation supporting the redistribution. Restricted funds may require a 90-day Cost Transfer Justification memo.

In Banner, the form used to perform Labor Redistributions is PHAREDS