How To Fix EPS042 - Cannot create PS for contract &1 because PS &2 already exists

EPS042 - Overview

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 042

• Message text: Cannot create PS for contract &1 because PS &2 already exists

What causes this issue?

You tried to create a payment scheme for contract &V1&. This is not
possible because payment scheme &V2& already exists.

System Response

Processing is terminated.

How to fix this error?

Exit payment scheme &v2& before you try and create a new payment scheme
for contract &v1&.

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.

EPS042 - Details

• The SAP error message EPS042 indicates that there is an issue with creating a Project System (PS) object for a contract because a PS object with the same identifier already exists. This typically occurs in the context of project management and contract management within SAP.
  
  Cause:
  The error is caused by the attempt to create a new Project System (PS) object for a contract when there is already an existing PS object with the same identifier. This can happen due to:
  
  Duplicate Entries: The system may have duplicate entries for the PS object, which can occur due to incorrect data entry or system errors.
  Incorrect Configuration: The configuration settings in the Project System module may not be set up correctly, leading to conflicts when creating new PS objects.
  Data Inconsistencies: There may be inconsistencies in the database that prevent the creation of a new PS object.
  
  
  Solution:
  To resolve the EPS042 error, you can take the following