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

TU501 - Overview

• 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.

TU501 - Details

• 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