p v rajasekhar


{ City } secunderabad
< Country > india
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Question { 2540 }

Why is an ‘Alternate Payee’ used


Answer

An individual who is recognized as having a right to receive some or all of the benefits  if the original beneficiary does not or cannot collect. Usually a spouse, former spouse, child, or other dependent.

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Question { 3329 }

What is ‘Dual Control’ in Master Records?


Answer

Dual control, which means that every change made to an important field has to be confirmed by another person who is authorized to do so. The master data account is blocked from the payment run until the field change has been confirmed.

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