Lawson Insight Technical Documentation

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PR04


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