Counterparty Code And Definition And Cross Reference field (Doc ID 561323.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version 11.5.10.0 to 12.2.6 [Release 11.5 to 12.2]
Information in this document applies to any platform.

Goal

(1). Concepts

If a Counter Party (ABC) is defined and then same Counter party code (ABC) is used to
define as Company in Company Profile it errors due to validation? Error:
APP-FND-01206 THIS RECORD ALREADY EXIST. YOU ENTERED A DUPLICATE VALUE OR SEQUENCE OF VALUES THAT MUST BE UNIQUE FOR EVERY RECORD.

Similarly, the "Cross-Reference" field on the Counterparty form in Treasury is not updateable after selecting the Bank Branch check box. You may determine that you need to create a "Counterparty Group" for limit utilization but you are not able to create this group with the necessary counterparties because the Cross Reference field is not updateable.

Q1: . Why Party and Counterparty can not be same by code and definition?

Q2:. Why "To perform an IG operation (Intercompany), when creating a counterpart, If you don't
assign it a cross reference it does not allow you to enter the operation, restricting the access to only the combination. If a different combination is required it forces you to create a new counterpart with another cross referenced code."

Q3: The "Cross-Reference" field on the Counterparty form in Treasury is not updateable after selecting the Bank Branch check box. We determined we need to create a "Counterparty Group" for limit utilization but we are not able to create this group with the necessary counterparties because the Cross Reference field is not updateable.

Solution

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