ECM: 'Payment Method Is Required' Message When Selecting Payment on Select Settlements Page

(Doc ID 2023226.1)

Last updated on MARCH 17, 2016

Applies to:

PeopleSoft Enterprise FIN Deal Management - Version 9.1 to 9.2 [Release 9]
PeopleSoft Enterprise FIN Cash Management - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

When a Payment is selected on Select Settlements page to process a deal payment, following error message is triggered.
"Payment Method is Required (13560,10)
Please select a valid payment method. If no payments methods are available, please enter them in the External Accounts, Payment Methods Panel."

Steps
------
1. Create a Deal of type Interest Rate Swap.
2. Approve and confirm the deal.
3. Run Deal Position Update.
4. Create Net Deal Settlement.
5. Select the Payment on Select Settlements Page which issues the following error.

Error
-------
"Payment Method is Required (13560,10)
Please select a valid payment method. If no payments methods are available, please enter them in the External Accounts, Payment Methods Panel."

Cause

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