Bank Setup Frequently Asked Questions

1. Q:  Why can’t I enable the Multiple Currency Payment check box?

A:  You have not enabled the "Use Multiple Currencies" Payables Option and/or your bank account currency is not in your functional currency.

2. Q:  Why are the Receivable Options and More Receivables Options choices not available from the alternate region drop down box?

A:  Oracle Receivables is not fully installed.  You will not see these choices if Oracle Receivables is not installed or is a shared install.

3. Q:  Why doesn’t "Supplier" show up in the list of values for "Account Use" in the Bank Account Form?

A:  You have not enabled the “Use Multiple Supplier Banks” Payables Option in the Payments alternate region.

4. Q:  Why do I get a “Choose Valid Combination” message when I attempt to select an account, and why is the List of Values button disabled for the GL Account fields for my new organization?

A:  You need to select a set of books.  Make sure you select the correct set of books for the System Profile Options GL:Set of Books Name and GL:Set of Books ID.  And select the correct set of books in the Payables in the Set of Books screen (Setup -> Set of Books -> Choose).

 

5. Q:  When creating a payment document, do I need to specify a “Last Available” number?

A:  If you intend to only have one payment document, there is no need to specify a “Last Available” number, so you  will never reach a maximum.  You should specify a "Last Available" number only if you want to create another payment document for that bank account.

6. Q:  Do Bank Branch Numbers have to be unique?

A:  Yes, to allow BACs and funds transfers.

7. Q:  Do Bank Account Numbers need to be unique?

A:  Within a Bank Branch, Bank Accounts must have a unique number for the same currency and account use.  They must also have a unique name for the same currency and account use.

8. Q:  Why can’t I update the Last Available field for the payment document?

A:  Most likely, the document is in use by a payment batch or Quickcheck.  Cancel any batches that are not confirmed or already canceled or Quickchecks that are not formatted, which are using this payment document.

9.  Q: What articles, white papers, or manuals should I read for more information on Bank Setup?
 

A: Oracle Payables Users Guide Release 10SC (page 2-105 to 2-109)
    Oracle Payables User's Guide, Release 11 (page 2-119 to 2-123)
    Oracle Payables User's Guide, Release 11i (page 2-121 to 2-129)

10. Q: What are the MetaLink keywords I should use when searching for Bank Setup on MetaLink?

A: APXSUMBA

11. Q: The questions listed in this guide do not address my question

A: If the FAQ list for Bank Setup does not answer your question, please click here to log an iTAR.
    Use the Bank Setup Template.