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430O – Correspondent Costs Code is Invalid

Modules > Accounts Payable – 04 > 430O – Correspondent Costs Code is Invalid
 CAUSE . . . . If the Payment Method Code is ‘0’ (Funds Transfer), then the Correspondent Costs Code can not be blank. If the Payment Method Code is ‘1’ (Cheque), then the Correspondent Costs Code must be blank.

RESOLUTION. . Enter a Correspondent Costs Code in the Dutch Bank Account application if the Payment Method Code is ‘0’ or blank out the Correspondent Costs Code in the Dutch Bank Account application if the Payment Method Code is ‘1’. 

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