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PR04.1 - Pension Funding Sources
Use Pension Funding Sources (PR04.1) to define 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.
You select funding sources when you create pension payments on Pension
Payment (PR29.1).
**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.
**Processing Effect
When you define 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 Project
Accounting.
Updated Files
PRFUNDSRC -
Referenced Files
ACACCTCAT -
DEPTCODE -
GLINTCO -
PRPENFSRC -
PRSYSTEM -
INVOKED Programs
ACAC
ACTA
API4
IFAC
IFCU
IFOB
IFSG
SLSE
SLSU
IFLU
IFUP
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