Why is the 05/25/2023 - 06/24/2023 Academic Monthly pay period liquidated in the July 2023 fiscal period even though its Budget Date is 6/24/2023?

Since the Payroll Actuals and Fringe Benefits associated with the 05/25/2023 - 06/24/2023 Academic Monthly pay period post in the July fiscal period, Workday considers the related obligations to still be in place at FY23 year-end (e.g., as of 6/30/2023) and are therefore liquidated in the new fiscal year (FY24).   

 

If you want to exclude the liquidation journals from your FY24 obligation numbers, be sure to filter your report by budget date and ensure the start date being used on the prompt is AFTER 6/24/2023.