Unable to add bank account for Self from Expenses > Manage Bank Account

Summary:

We have a client requirement that the employee should be able to create their own bank accounts from 'Me > Expenses > Manage Bank Accounts' UI page.

The user is having Person / Employee record and has the Default Employee Expense Account, Job, department, BU, LE, Manager tagged to it.

User has Employee Role assigned.

When trying to create Bank account from the above mentioned navigation, it's throwing error - "The parameter id passed to the API was incorrect or Missing".

When trying to create Expense Report, it's throwing the error - "You're missing employee setup information for expenses. Please contact your help desk."