Error: You must specify a fund for transactions - when applying payments to charges

When applying payments to charges, a user might receive Error: You must specify a fund for transactions.
The transactions all have fund specified. This occurs when requiring a fund for transactions. 
 
We are currently evaluating this issue and will update this article when we have more information.

Steps to Duplicate

1. Open student 
2. Open Payment 
3. Select Student Billing detail > Add/Edit Applications
4. Mark the checkbox for Apply? next to specific Charge that you'd like to apply the payment to
5. Save and close
6. Receive Error: You must specify a Fund for transactions

Environment

 Financial Edge
 7.87

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