How To Fix 67462 - A payoff already exists for &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 462

• Message text: A payoff already exists for &1

What causes this issue?

A payoff exists with a due date that is later than the due date for the
current disbursement. It is possible that a full payoff could be
reduced to a partial payoff as a result, or a concluded termination
agreement could be invalidated.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the payoff using the Workplace for Business Operations.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67462 - A payoff already exists for &1 ?

  The SAP error message 67462, which states "A payoff already exists for &1," typically occurs in the context of financial transactions, particularly in the area of loan management or asset accounting. This error indicates that there is already a payoff recorded for the specified item (represented by &1), and the system does not allow for multiple payoffs to be processed for the same item.
  
  Cause:
  
  Duplicate Payoff Entry: The most common cause of this error is an attempt to create a new payoff for an item that already has an existing payoff recorded in the system.
  Incorrect Transaction: The user may be trying to process a transaction that is not appropriate for the current state of the item.
  Data Integrity Issues: There may be issues with data integrity or synchronization in the system, leading to the perception that a payoff exists when it should not.
  
  
  Solution:
  
  Check Existing Payoffs: Review the existing payoffs for the item