How To Fix TU501 - Payment plan cannot be created since move-out date already exists

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 501

• Message text: Payment plan cannot be created since move-out date already exists

What causes this issue?

You tried to create a payment plan for contract &V1&. This is not
possible because you have already created a move-out date for this
contract.
You can only create a payment plan for existing move-out documents if
the start date of the payment plan is at least a month before the
move-out date.

System Response

INCLUDE ISU_VERARB OBJECT DOKU ID TX

How to fix this error?

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

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 TU501 - Payment plan cannot be created since move-out date already exists ?

  The SAP error message TU501, which states "Payment plan cannot be created since move-out date already exists," typically occurs in the context of managing contracts or agreements in SAP, particularly in the areas of real estate management or contract management. This error indicates that there is an existing move-out date for the contract or agreement, which prevents the creation of a new payment plan.
  Cause:
  
  Existing Move-Out Date: The primary cause of this error is that there is already a move-out date recorded for the contract or agreement. This indicates that the contract is in a state where it is expected to be terminated or concluded, and thus, a new payment plan cannot be created.
  Contract Status: The status of the contract may not allow for changes, such as creating a new payment plan, if it is marked for termination or has already been finalized.
  Data Integrity Issues: There may be inconsistencies in the data that lead to this error, such as incorrect entries or missing information.
  
  Solution:
  
  Check Move-Out Date: Review the contract or agreement in question to confirm the existing move-out date. If the move-out date is correct and the contract is indeed meant to be concluded, you will need to finalize the contract before creating a new payment plan.
  Modify Contract Status: If the contract is still active and you need to create a new payment plan, consider changing the status of the contract. This may involve removing or adjusting the move-out date if it is not applicable.
  Consult with Stakeholders: If you are unsure about the implications of changing the move-out date or contract status, consult with relevant stakeholders (e.g., contract managers, finance team) to ensure that any changes align with business processes.
  Use Transaction Codes: Utilize relevant SAP transaction codes (like RECN for contract management) to navigate to the contract details and make necessary adjustments.
  Error Documentation: If the issue persists, document the error and the steps taken, and consult SAP support or your internal IT team for further assistance.
  
  Related Information:
  
  SAP Documentation: Refer to SAP Help documentation for detailed information on contract management and payment plans.
  Transaction Codes: Familiarize yourself with transaction codes related to contract management, such as RECN, RE80, or RE01, which can help in managing contracts and payment plans.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to contracts and payment plans in SAP.
  Training and Support: Consider training sessions or support from SAP consultants to better understand the contract management processes and error handling in SAP.
  
  By following these steps, you should be able to address the TU501 error and proceed with your payment plan creation.