Enables [phosphorylase] phosphatase activity; enzyme binding activity; and protein phosphatase regulator activity. Contributes to phosphoprotein phosphatase activity. Involved in regulation of glycogen biosynthetic process and regulation of glycogen catabolic process. Located in glycogen granule and intracellular membrane-bounded organelle. Part of protein phosphatase type 1 complex. Orthologous to human PPP1R3B (protein phosphatase 1 regulatory subunit 3B). [provided by Alliance of Genome Resources, Apr 2022]