Bank Account Recoupment

Create the following manual initiate accounting activity to be used to transfer money between the retirement fund's bank account and the annuity bank account:

A balance on the PENSIONPAYBL or the PENCONTROL account will represent the amount paid out of the annuity bank account that has not yet been transferred from the fund's bank account to the annuity bank account.

Once the transfer has taken place, the portion of the annuity bank account represented in the fund’s ledger will be zero.