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

67_PAYMENTS343 - Overview

• 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