How To Fix TU370 - No JVL obj. created; field JVL participation in contr.acc. &1 has value 0

TU370 - Overview

• Message type: E = Error

• Message class: TU - Billing/Scheduling/Budget Billing

• Message number: 370

• Message text: No JVL obj. created; field JVL participation in contr.acc. &1 has value 0

What causes this issue?

No yearly advance payment object is created for the contracts in
contract account &V1&, because 0 (no participation) is entered in field
<LS>YAP particip</> (participation in yearly advance payment).

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

TU370 - Details

• The SAP error message TU370 indicates that there is an issue with the Joint Venture Accounting (JVA) configuration or data. Specifically, it states that no Joint Venture Ledger (JVL) object was created because the field for JVL participation in the controlling area (indicated by &1) has a value of 0. This typically means that the system is expecting a non-zero value for JVL participation to create a JVL object.
  
  Cause:
  
  Zero Participation Value: The primary cause of this error is that the participation percentage for the joint venture in the controlling area is set to 0. This means that the entity is not participating in the joint venture, which prevents the creation of a JVL object.
  
  Configuration Issues: There may be issues in the configuration of the Joint Venture Accounting settings in the system.
  Data Entry Errors: Incorrect or incomplete data entry in the master data for the joint venture or controlling area.
  
  
  Solution:
  
  
  Check Participation