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Handling Pension Fund Third-Party Payments from Different Source Bank Accounts
We are facing an issue while setting up third-party payment methods for pension fund payments in Oracle Fusion Cloud Payroll.
Business Requirement:
- We have two business units, BU1 and BU2.
- Each business unit uses a different source bank account for employee payments (BU1 has Bank Account 1, and BU2 has Bank Account 2).
- Separate payrolls have been created for BU1 and BU2.
- Pension fund for both the BU is same hence it has same Account details.
- Pension fund third-party payments should be processed as follows:
- Payments for BU1 employees should be made from BU1's bank account.
- Payments for BU2 employees should be made from BU2's bank account.
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