How To Fix 67_PAYMENTS343 - Notice of cancellation given for contract &1; no processing

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_PAYMENTS - Message Class Incoming Payment / Payment Postprocessing

• Message number: 343

• Message text: Notice of cancellation given for contract &1; no processing

What causes this issue?

At least one overpayment exists for loan &V1&. However the bank has
given notice of cancellation of the loan.
System Response
The overpayment is not processed by the report for automatic clearing of
overpayments.

How to fix this error?

Process the overpayment and the notice of cancellation manually.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67_PAYMENTS343 - Notice of cancellation given for contract &1; no processing ?

  The SAP error message 67_PAYMENTS343 indicates that a notice of cancellation has been given for a specific contract, and as a result, no further processing can occur for that contract. This error typically arises in the context of contract management or payment processing within SAP.
  Cause:
  The primary cause of this error is that the contract referenced (denoted by &1 in the error message) has been marked for cancellation. This could happen due to various reasons, such as:
  
  Manual Cancellation: A user may have manually canceled the contract.
  Business Process Changes: Changes in business processes or requirements may lead to the cancellation of contracts.
  System Configuration: Certain configurations or settings in the SAP system may automatically trigger cancellations under specific conditions.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Contract Status: Verify the status of the contract in question. You can do this by navigating to the contract management module and checking the details of the contract.
  
  
  Review Cancellation Reasons: Understand why the contract was canceled. This may involve checking logs or documentation related to the contract.
  
  
  Reinstate the Contract: If the cancellation was made in error and the contract needs to be reinstated, you may need to follow the appropriate procedures to reverse the cancellation. This could involve:
  
  Editing the contract status if allowed.
  Creating a new contract if reinstatement is not possible.
  
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for handling contract cancellations and reinstatements.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific system configuration and business processes.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as ME33K (Display Contract) or ME32K (Change Contract) to manage contracts effectively.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles and Permissions: Ensure that the user attempting to process the contract has the necessary permissions to view or modify contract statuses.
  
  By following these steps, you should be able to address the error message and understand the implications of the contract cancellation in your SAP environment.