My Oracle Support Banner

How To: Use Same MICR Number For Multiple Accounts Under Single Party in Lockbox (Doc ID 2667557.1)

Last updated on MAY 06, 2020

Applies to:

Oracle Fusion Receivables Cloud Service - Version 11.1.9.2.0 and later
Oracle Fusion Receivables - Version 11.1.9.2.0 and later
Information in this document applies to any platform.

Goal

Can we assign and use the same MICR Number (Bank Routing Number, Customer Bank Account Number) to more than one Customer Account for the same Customer Header in Lockbox?
Currently, the system is throwing the error: MICR number refers to more than one customer

Scenario: There are multiple customer accounts under a single customer header which will use the same Bank, Branch, Bank Routing Number and Bank Account Number. As of now, Lockbox rejects with the above mentioned error.

Requirement: Fusion to processes the Receipts for different Customer accounts using the same MICR number instead of rejecting the receipts with error.

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Goal
Solution
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.