PR04.1 – Pension Funding Sources

System
Payroll (PR)
Type
Online screen — form 04
Updates
1 table
References
5 tables

PR04.1 (Pension Funding Sources) is a Lawson Payroll online screen (form 04, subform 1). It updates PRFUNDSRC and references ACACCTCAT, DEPTCODE, GLINTCO, PRPENFSRC and PRSYSTEM.

About PR04.1

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 ProjectAccounting.

Updated files (1)

TableDescriptionSystem
PRFUNDSRCNo description in the Lawson data dictionaryPR

Referenced files (5)

TableDescriptionSystem
ACACCTCATActivity Account CategoriesAC
DEPTCODEDepartmentHR
GLINTCOGeneral Ledger IntercompanyIF
PRPENFSRCNo description in the Lawson data dictionaryPR
PRSYSTEMHR Company and Process LevelsHR

Program calls

Invoked programs (11)

ACAC, ACTA, API4, IFAC, IFCU, IFLU, IFOB, IFSG, IFUP, SLSE, SLSU