FISCAL_SUMMARIES is an optional toggle field. If the ‘Fiscal Summaries’ toggle is checked, the pay close process (UPCLOZ) will create and store fiscal-to-date totals. If the ‘Fiscal Summaries’ toggle is not checked, no fiscal-to-date totals will be kept.
If the fiscal year runs for a different 12-month period (e.g. April to March), or is based on a 13 period year, it is recommended that separate fiscal totals be kept from the year-to-date totals.
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