Error Occurs While Updating Legal Entity Information:XX ID for the flexfield segment Context Value does not exist in the value set $FLEX$.DF_CONTEXTS (Doc ID 1323901.1)

Last updated on MARCH 16, 2016

Applies to:

Oracle Legal Entity Configurator - Version 12.0.0 and later
Information in this document applies to any platform.
Checked for relevance on 21-DEC-2012

Symptoms

Accounting Setup Manager > Legal Entities > Update Legal Entity : 

When updating legal entity, below error is encountered : 

ID ID for the flexfield segment Context Value does not exist in the value set $FLEX$.DF_CONTEXTS.

Cause

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