Supplier and Customer Default Trading Partner TAS Update

Automatically update the Trading Partner Treasury Account Symbol, or Trading Partner TAS, on Supplier Sites and Customer Accounts when it reaches its expiration date. Maintaining an active Trading Partner TAS is essential for proper fund tracking, reporting, and transaction error prevention. This automation ensures that all Payables and Receivables transactions use an active TAS by default, supporting accurate accounting and regulatory reporting while minimizing transaction errors.

Run the Update Party Default Trading Partner TAS process to update the Trading Partner TAS on Supplier Sites and Customer Accounts.

Update Party Default Trading Partner TAS ESS Job

Update Party Default Trading Partner TAS ESS Job

Business benefits include: 

  • Ensuring an active Trading Partner TAS is defaulted on Payables and Receivables transactions ensures proper accounting and reporting to the U.S. Department of the Treasury.
  • Automating the process of updating the Trading Partner TAS when it expires improves efficiency and reduces the need for manual intervention.

Steps to enable and configure

U.S. Federal Financials must be enabled.

Key resources

For more information, refer to: 

  • Implementing U.S. Federal Financials guide
  • Using U.S. Federal Financials guide

Access requirements

Use the following duty role:

  • Party Default Trading Partner TAS Update process Duty - FV_PARTY_DEFAULT_TAS_DUTY