Set Up Payment Sources in Organization Payment Methods

This example demonstrates how to set up payment sources when creating organization payment methods for payroll processing. You set up payment sources on the Manage Organization Payment Methods page.

In this example, the InFusion China company pays its workers by Direct Deposit payments. The company sets payment rules to pay from two different banks based on tax reporting unit (TRU). You need one method to pay by Direct Deposit in Yuan Renminbi. There are three payment sources defined. One default payment source for China, one source for payments in Beijing, and one source for payments in Shanghai.

Summary of Tasks

This worked example includes details for the tasks you perform when creating organization payment methods:

1. Create the basic details

2. Set up payment sources

3. Create payment rules

Before You Begin

Before you set up payment sources, complete these tasks.

1. The primary ledger is set up in Oracle Fusion General Ledger.

2. The banks, branches, and account information to use as the payment sources are set up in Oracle Fusion Cash Management.

3. The legal entity associated with the legislative data group is assigned to a general ledger.

4. TRUs are set up.

How to Create the Basic Details

1. From your Home page, navigate to My Client Groups > Payroll.

2. Under Administration, click Organization Payment Methods.

3. On the Organization Payment Methods page, click Create.

4. Select the legislative data group, for example, China LDG.

5. Select the date when you want this payment method to be available for use, and then click Continue.

   Tip: Select a date that's on or before the effective date of the payroll definition or other objects that use this payment method.

6. In the Basic Details section, complete the fields as shown in this table and then click Save.

   Field	Value
   Name	Payroll Direct Deposit China
   Payment Type	Direct Deposit
   Currency	Yuan Renminbi

7. Click Save.

How to Set Up Payment Sources

When you select the Direct Deposit payment type, you can enter the Direct Deposit information at these levels:

• Organization payment method level

• Payment source level

• Both levels

Note: Direct Deposit information entered at the payment source level takes priority over information entered at the organization payment method level.

Perform these steps to create each payment source.

1. In the Payment Sources section under Payment Source Information, click Create.

2. On the Create Payment Source page, complete the fields in order, as shown in this table, and then click Continue.

   Field	China Value	Beijing Value	Shanghai Value
   Name	Payroll Direct Deposit Source CN	Payroll Direct Deposit Source Beijing	Payroll Direct Deposit Source Shanghai
   Bank Account Name	InFusion China	InFusion China Beijing	InFusion China Shanghai
   Bank Name	Bank of China	Industrial and Commercial Bank of China	China Construction Bank
   Bank Branch	CN Branch	Beijing Branch	Shanghai Branch
   Bank Account Number	123456789234	9876543213567891209	13579864214356789034

   Tip: Keep your payment source names unique and as specific as possible for each scenario. This naming convention helps when managing complicated combinations of organization payment methods and payment rules.

How to Create Payment Rules

1. In the Payment Method Rules section, for Payroll Direct Deposit Source CN, ensure that the default setting is Yes.

2. In the same section, click Create and select the values shown in this table to create two payment rules that map a payment source to a TRU.

   Field	Beijing Value	Shanghai Value
   Default	No	No
   Tax Reporting Unit	Beijing TRU	Shanghai TRU
   Payment Source	Payroll Direct Deposit Source Beijing	Payroll Direct Deposit Source Shanghai

3. Click Submit.