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The Intercompany Receivables Account Must Be Valid - the Intercompany Payables Account Must Be Valid (Doc ID 2497211.1)

Last updated on NOVEMBER 16, 2019

Applies to:

Oracle Fusion Receivables Cloud Service - Version 11.13.18.10.0 and later
Information in this document applies to any platform.

Symptoms

Cannot close the period due to a receipt that is quoting an Intercompany account issue.

Upon checking the accounts there is no such issue.

Create Accounting Execution Report ends in error:

The intercompany payables account must be valid.
Cause: The intercompany payables account 'the accounting segments' defined for the from legal entity 'legal entity name' and to legal entity 'legal entity name' is not valid.
Action: Update the effective dates for this intercompany payables account, change the accounting date for the subledger journal entry, or define a different intercompany account for the two legal entities.

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The intercompany receivables account must be valid.
Cause: The intercompany receivables account 'the accounting segments' defined for the From legal entity 'legal entity name' and To legal entity 'legal entity name' is not valid.
Action: Update the effective dates for this intercompany receivables account, change the accounting date for the subledger journal entry or define a different intercompany account for the two legal entities.


STEPS
-----------------------
1. Create accounting process
2. Create period close ess job


Cause

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In this Document
Symptoms
Cause
Solution


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