R12 Error 12: Subledger Journal Failed Funds Reservation for Non Budget Account (Doc ID 743842.1)

Last updated on SEPTEMBER 19, 2016

Applies to:

Oracle General Ledger - Version 12.0.0 and later
Information in this document applies to any platform.

Symptoms

When attempting to post Payables source encumbrance journal, the following error occurs:

ERROR
---------
Error12 - Funds reservation failed

Steps To Reproduce:
------------------------
The issue can be reproduced at will with the following steps:
1. Create and Approve PO
2. Receive PO
3. Perform Funds Inquiry
4. Create Invoice and match with PO
5. Validate Invoice
6. Perform Funds Inquiry
7. Create Accounting (Final)
8. Transfer to GL and Post; Posting Execution report shows an error
9. Encumbrance journal has failed funds reservation. Funds failed for 'Resrve for Encumbrance Account.


The Payables transaction journal is showing the Funds status as Required even if the funds has already been passed at sub-ledger level.
Reserve for Encumbrance Account is not included in any of the budget organization or at summary level with funds level of Advisory or Absolute.
Encumbrance Journal created manually using same code combinations, Funds reservation failed code combination which is not included in any Budget organization.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms