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
Unable to validate the invoice in R12.1.1
-
- Posts: 130
- Joined: Sun Mar 11, 2007 1:47 am
- Location: India
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.
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.
-
- Posts: 39
- Joined: Fri Jul 31, 2009 8:30 am
- Location: India
Who is online
Users browsing this forum: No registered users and 0 guests