After creating new bank account and adding payment documents, on payment screen after selecting the newly created bank account payment document field is showing “list of values contains no entries”
The payment profile option was also defaulting to US NACHA IAT (there are no other profile to select) instead of laser check format which is actually selected as default format while creating payable documents with manage payment documents
Selected format during payment document creation
Created a new PPP and issue was solved.
Go to setup>payment > payment administrator
Click on the payment process profile
Select processing type as printed and complete the creation process