Information used by Oracle Financials for Belgium is verified when you enter it in Oracle Payables. For example, when you enter a Bank Account Number in the Enter Vendor window of Payables, the number is validated and, if it fails validation, an error message is shown. You must then correct the number or discard your entry. In other words, it is impossible to enter incorrect data on-line in Oracle Financials.

It might be that your Oracle Financials already contains information prior to the installation of Oracle Financials for Belgium. This data may be incorrect or incomplete from an Oracle Financials for Belgium point of view.

In summary, this report detects and shows the following:

1. On the level of your company's location:

Incorrect VAT Registration Number on EFT location (App-60152)

2. On the level of your company's bank:

Incorrect Belgian Bank Account Number (App-60161, App-61062)

Missing Financials Institution Code (for a Belgian Bank) (App-60168)

Missing/Incorrect Foreign Cost Code (for a Belgian Bank) (App-60169)

3. On the level of Vendor or Vendor Site, when the Payment Method is EFT:

Incorrect Payment Code (App-60167)

Incompatible Pay Group and Payment Currency (App-60171)

Missing Bank Identification information (Bank or Swift address) for foreign payments (App-60170)