How to Create a New Pension Provider

To create a new pension provider, follow the procedure below:

1.	Go to Payroll > Maintenance > Pension > Providers.
2.	Click Add. The Pension Provider screen opens
3.	In the Name field, enter the name of the pension provider.
4.	Key in the following optional fields as required Click here to view a description of the fields Active When ticked, the pension provider will be available to select in the Payee Screen and Automatic Enrolment stage of the pay batch. When un-ticked, pension provider cannot be selected to be applied to payees. Last Used Date This displays the pay period end date of when the pension provider was last used. Description A brief description can be added to give further details about the pension provider. Import Code Unique code that can be used to receive data from a 3rd party system. Export Code Unique code that can be used to export data to a 3rd party system. Mailing Address Address details of the pension provider.
5.	Key in the banking details for the direct debit details. This is for information purposes only and can be used as part of a 3rd party export file. Click here to view a description of the fields Account Name The name of the bank. Account Number The UK bank account number of the pension provider for the funds to be transferred into. Bank Abbreviation Not required for UK. Sort Code The UK sort code of the pension provider's branch for the funds to be transferred into. Account Reference The reference provider by the pension provider to the transferred funds.
	Click Save. A confirmation message will be displayed as well as generating a new section for the entry of the pension scheme.