R12/CE: Update Bank Account Error The Account Owner you have selected is not setup as a Treasury Company. Please select a valid Account Owner (Doc ID 1567422.1)

Last updated on MAY 10, 2017

Applies to:

Oracle Cash Management - Version 12.0.0 to 12.2.6 [Release 12 to 12.2]
Information in this document applies to any platform.

Goal

While trying to update a bank account post upgrade we get the error "The Account Owner you have selected is not setup as a Treasury Company. Please select a valid Account Owner"

Steps To Reproduce:
CM > Banks > Query Bank Branch > Create Account > Select Bank Account Owner >Account Use: Receivables & Treasury

Error Codes
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The Account Owner you have selected is not setup as a Treasury Company. Please select a valid Account Owner

Solution

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