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Lockbox Error On MICR - Receivables (Doc ID 2222741.1)

Last updated on MAY 04, 2018

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms


Lockbox is not recognizing MICR provided in flat file and creating Receipts as Unid.

example:

Customer based in US trying to create bank accounts for Canada for Canadian
customers.
The Org is the same ie. US with functional currency as USD but the Receipt is
being created for Canadian Bank/Receipt Class/Receipt Method.
Lockbox ends with invalid MICR error as the system is trying to validate
Canadian bank information against US bank account rules.

Changes

 

Cause

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