Bank Return File Must Accommodate the Same External Bank Account on Multiple Business Units
(Doc ID 2281454.1)
Last updated on FEBRUARY 03, 2019
Applies to:PeopleSoft Enterprise CS Brazil - Version 9 to 9 [Release 9]
Information in this document applies to any platform.
The External Bank account is setup by business unit. In a multi business unit configuration, the Bank Return file works if each Business Unit has a different bank account. Beginning in July, 2017, the Brazilian institution that regulates the banking transactions Febraban demands that all transactions be done through dockets registered in the bank, and must use one bank account for all business units.
When multiple business units have to use the same External Bank Account the Bank Return File may not process correctly.
Due to industry changes, the bank return will use one External Bank Account for all business units on July 1.
The issue can be reproduced at will with the following steps:
1. Navigate to Student Financials, Bank Collection Brazil, Load Banking File Return;
2. Complete the run control;
3. Submit the process to the process scheduler.
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