Unable to validate the invoice in R12.1.1

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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siva sankar
Posts: 130
Joined: Sun Mar 11, 2007 1:47 am
Location: India

Unable to validate the invoice in R12.1.1

Post by siva sankar »

Hi,

While Invoice Validation system automatically put on hold due to the hold reason is "Funds checking could not be performed"

Please let me know, is there any step needs to be setup for new implemention of R12.1.1

Regards,

Siva
AmanKhan
Posts: 387
Joined: Wed Sep 26, 2007 2:51 am
Location: Pakistan

Post by AmanKhan »

Have you enabled Encumbrance Accounting in PO & AP ?
udaya6
Posts: 19
Joined: Fri Nov 26, 2010 1:01 am
Location: India

Post by udaya6 »

Hi.....This is uday i believe this answer will help you well[8D]

To validate invoice with fund check and fund reserve facility, following setups are required:
1. Enable ledger with slam as "Encumbrance Accrual Method".
2. Enable "Budgetary Control Option" at ledger level.
3. Define "Budget" for your respective ledgers.
4. Define "Organization" for your respective ledger.
5. Allocate Amount against your invoice distribution account for invoice GL period.
6. Create invoice for period against which budget has been allocated and click on actions fund check, if fund is available against distribution account then fund check will get passed otherwise invoice will have fund check hold.
Please ensure validation accounting application program done for all event class related to encumbrance accrual are validated.
madhuarepalli
Posts: 39
Joined: Fri Jul 31, 2009 8:30 am
Location: India

Post by madhuarepalli »

Hi,

I am also facing with same error like above(FUNDS CHECKING COULD NOT BE PERFOMRED at the time of invoice validation). But, In my case Budget control in not defined eventhough same error getting. Could you hlep me.

Note:- Its checking only for above 1000 amount only.

Regards,

Madhu
shrinu42
Posts: 12
Joined: Thu Dec 24, 2009 4:20 am
Location: India

Post by shrinu42 »

Hi,
Kep it up Uday..

Regards
Shrinu
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