EAP: When the Bank Replacement Rule is Enabled, Check(CHK) Payments Have the Incorrect” Settle by” and “EFT Layout Code” on the Pay Cycle Details Page. (Doc ID 3017435.1)

Last updated on APRIL 23, 2024

Applies to:

Symptoms

The bank replacement rule is configured for the payment methods CHK and ACH.

When a voucher with payment method "CHK" ( system check) is processed, the EFT layout and the settle by details are incorrectly populated. 

1) Select any 2 bank accounts to configure the bank replacement rule.
     Note: Both current and new bank accounts should have at least two payment methods (one must be System check another can be ACH/WIR/EFT( with EFT_LAYOUT selected and settle by is Financial Gateway)).
    Main Menu > Banking > Bank Accounts > External Accounts. 

2) Create Bank replacement rule.
    Main Menu > Set Up Financials/Supply Chain> Product Related > Procurement Options > Payments > Define Bank Replacement Rules. 

3) Create a new voucher with system check payment method.
    Main Menu > Accounts Payable > Vouchers > Add/Update > Regular Entry. 

4) Create new pay cycle.
     Main Menu > Accounts Payable > Payments > Pay cycle Processing > Payment Selection Criteria. 

5) On the preferences page enter the Replacement rule.

6) Process the Payment. 

7) On the Pay cycle manager page, Select Pay cycle Summary.

8) click on the payment Method.

9) On the Pay cycle details page, additional Details tab. The Settle by(financial gateway) and the EFT layout code on the Pay cycle details page from the ACH payment method( of the replacement bank account) for the check payments. Since the check payments do not have any EFT layout and also it is Settle by the pay cycle, these values on the pay cycle details should be blank.

Replication steps.

Changes

Cause

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.