How To Fix TU515 - Cannot create payment plan for contract &2 of contract account &1

TU515 - Overview

• Message type: E = Error

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

• Message number: 515

• Message text: Cannot create payment plan for contract &2 of contract account &1

What causes this issue?

You wanted to create a new payment plan for contract &V2& (contract
account &V1&) during invoicing.
Due to the historical billing data for contract &V2&, the amount per
due date for the payment plan to be created was zero.

System Response

The system could not create a new payment plan for contract &V2&.
Deleting the start month (&V3&) from the contract data, removed
contract &V2& from payment plan processing.

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.

TU515 - Details

• The SAP error message TU515, which states "Cannot create payment plan for contract &2 of contract account &1," typically occurs in the context of contract accounts in SAP's Contract Accounts Receivable and Payable (FI-CA) module. This error indicates that there is an issue preventing the creation of a payment plan for a specific contract.
  Causes:
  
  
  Contract Status: The contract may be in a status that does not allow for the creation of a payment plan. For example, if the contract is already closed or has been flagged for deletion, you will encounter this error.
  
  
  Missing Data: Required data for creating a payment plan may be missing or incomplete. This could include payment terms, payment frequency, or other relevant contract details.
  
  
  
  Configuration Issues: There may be configuration settings in the system that are preventing the creation of payment plans. This could involve settings related to payment plans, contract accounts, or payment processing.
  
  
  Contract Account Issues: The