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Third Party Remittances

Dear Gurus,

Which is the method to follow for 3PR remittances.

1. In some projects, 3rd party payments are posted to GL account and finance team will process it to vendors

2. In some projects, 3rd party payments are mapped to HR Payee and processed by RPURMU00

Are these two methods same ? or different ? I'm very much confused

your response will be very helpful

Regards,

Ramya

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1 Answer

  • Posted on Jul 18, 2016 at 03:45 PM

    Processing Third Party Payments through Payroll (your option 2) should enable you a greater control over remittances of Employee and Employer contributions, although it's still Finance that will have to make the Cheque (or EFT).

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