How To Fix TU763 - Cannot create YAP obj. because value in JVLTE fld of contr. acct &1 is 0

TU763 - Overview

• Message type: E = Error

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

• Message number: 763

• Message text: Cannot create YAP obj. because value in JVLTE fld of contr. acct &1 is 0

What causes this issue?

The value in the field for yearly advance payment (YAP) participation
in contract account &V1& is 0. This means that no YAP object has been
created.

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.

TU763 - Details

• The SAP error message TU763 indicates that the system cannot create a YAP (Yearly Account Plan) object because the value in the JVLTE field of the controlling account (indicated by &1) is zero. This error typically arises in the context of controlling (CO) and financial accounting (FI) modules when there is an attempt to create or manipulate a YAP object without the necessary configuration or data.
  
  Cause:
  
  Zero Value in JVLTE Field: The JVLTE field is likely related to a specific configuration or parameter that is required for the creation of the YAP object. If this field is set to zero, it indicates that the necessary value or configuration is missing.
  Missing Configuration: The controlling account may not be properly configured in the system, leading to the absence of required values.
  Data Entry Error: There may have been an error in data entry or data migration that resulted in the JVLTE field being set