R12: AP/IBY : Format Payment Instructions Errors Out With "APP-FND-01728: An assignment does not exist for these parameters" For New Internal Bank Account (Doc ID 3000998.1)

Last updated on FEBRUARY 01, 2024

Applies to:

Symptoms

 When attempting to create a payment using the new internal bank account below error is returned by the Format Payment Instruction program

Steps to Create Bank Account :-

1) Navigate to Payment Manager --> Set up --> Payments --> Bank Accounts

2) Click Create and Enter the required fields and click continue

3) Enter the Account Owner and Account Controls details

4) Go to Account Access Section and enter the Payment Document Categories by Payment Method

5) Save and Exit the Bank account set up.

Steps to reproduce the Issue :-

1) Create Invoices, Validate and Approve them

2) Assign the newly create bank account to a Payment process profile

3) Submit a payment process request and make sure the invoices are picked up

4) Wait for the Format Payment Instructions program to start running

5) The Format Payment Instructions Program fails with Error

Due to this error payment instructions are not generated and the Payment Process Request is also stuck

Changes

 A new Internal Bank Account was created and is being used while creating payments.

Cause

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