PR04.1 - Funding Sources
** Form Purpose
Use Funding Sources (PR04.1) to set up the
Funding sources that represent the locations of the funds used for pension or
retirement payments. Funding sources can be a mutual fund, bank account, stock
fund--any place your organization stores funds for these kinds of payments.
** Decision/Impact
You select funding sources when you create pension payments on Pension
Payment (PR29.1).
You define a description of the funding source that prints on pension
payments.
** Application Integration
When you set up a funding source, you associate it with the General Ledger
account that tracks the funds. As you create pension payments using a funding
source, Payroll posts the amounts to the General Ledger account you associate
with the funding source.
You can also assign an activity to the funding source for tracking in the
Project and Activity Accounting application.
** Required Fields
When adding a source you must enter:
* Company
* Source
* Payment Description
* Accounting Unit
** Process at a Glance
1. Define funding sources on this form.
2. Define payments on Pension Payments (PR29.1)
3. Process the payroll cycle to calculate earnings and create payments.
Updated Files
CKPOINT -
PRFUNDSRC -
Referenced Files
ACACCTCAT -
DEPTCODE -
GLINTCO -
PRPENFSRC -
PRSYSTEM -
INVOKED Programs
ACAC
ACCL
IFCU
IFSG
IFAC
IFAU
SLSE
SLSU
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