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Jul 30, 2016 at 02:46 PM

Message no. TRS0360 Condition type 0116: No update type for outgoing payment

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Hi,

I have configured the Securities product 02A - Investment Certificates. Our client invests in Mutual funds and have decided to use the 02A product type.

When I try to create a sales transaction 200 for 02A, I am getting the following error :

Condition type 0116: No update type for outgoing payment

But I am not getting this error for all Security IDs, for some of the security IDs I am able to post with out any errors.

The Purchase transaction is working fine.

I am not sure whether I have done some errors in the configuration. Initially I was trying to use the condition for final repayment but this does not seem to work so I decided to instead use the sales transaction for Mutual funds liquidation.

Also if someone can help with to find the configuration notes for Mutual funds, it will be great help as I am not able to find this configuration anywhere.

Appreciate your inputs and suggestions on the same.

Kind regards,

Sheena