EAP: Voucher not saved and placed on Payment Hold when Prenotification is required but not confirmed and Payment Method = Check not defined for External Account (Doc ID 1518555.1)

Last updated on SEPTEMBER 15, 2016

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.1 to 9.1 [Release 9]
Information in this document applies to any platform.

Symptoms

When trying to save a Voucher for a Vendor who is setup with "Prenotification Required" but has not yet been Confirmed, and the External Account DOES NOT have Payment Method = Check defined, a warning message and an error occur.  So, the Voucher is not saved and not placed on Payment Hold.

WARNING MESSAGE

This vendor has not been prenoted for EFT/ACH payment. Payment Method 'System Check' will be used. (7250,357)

ERROR

Select Payment Method does not exist for this Bank Account. (7015,34)

STEPS

1.  Vendor is setup as follows on the Vendor > Location > Payables hyperlink > Payables Options page:

Under Payables Options, Payment Method = Automated Clearing House for the Bank
Under Electronic File Options, box for "Prenoficiaton Required" is checked and Status = New
Under Venodr Bank Account Options, Vendor Bank Account is defined

2.  External Account only has Payment Method = Automated Clearing House defined
3.  Create a Voucher for the Vendor in Step 1
4.  Save the Voucher
5.  Above warning message occurs
6.  Click OK
7.  Method changes from ACH to CHK
8.  Click Save
9.  Above error occurs -- Voucher is not saved and not placed on Payment Hold

Cause

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