R12: The External Bank Account Already Exists While Creating Factor Bank Account
(Doc ID 763983.1)
Last updated on MARCH 11, 2022
Applies to:Oracle Payables - Version 12.0.1 and later
Information in this document applies to any platform.
When creating Factor Bank Account the following error message arises:
"The external bank account already exists" or
"One of the assignment of this bank account is related to operating unit (<OU NAME>)"
Due to that, it is not possible to create factoring arrangement for suppliers existing in Oracle when payment has to be made to bank account.
Steps To Reproduce
- There are two suppliers registered.
- Supplier one sells their receivable to supplier two
- All invoices for supplier one have to be paid to bank account of supplier two.
- Update supplier one with bank account of supplier two using Create Factor Account button ==> the error message above appears.
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