How To Fix TU860 - There is not enough historical data to create a pyt plan for contract &1

TU860 - Overview

• Message type: E = Error

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

• Message number: 860

• Message text: There is not enough historical data to create a pyt plan for contract &1

What causes this issue?

You attempted to create a payment plan for contract &V1&.
Payment plan type &V2& from the contract requires billing data for at
least &V3& months to do so. However, there is not sufficient billing
data available.

System Response

The system cannot create a payment plan based on historical billing
data.

How to fix this error?

To create a payment plan based on historical billing data, the minimum
number of months must be reached.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

TU860 - Details

• The SAP error message TU860 indicates that there is insufficient historical data to create a payment plan for a specific contract. This typically occurs in the context of contract management or billing processes within SAP, particularly when dealing with payment terms and schedules.
  
  Cause:
  
  Insufficient Historical Data: The system requires historical data to analyze and generate a payment plan. If there are not enough records or transactions related to the contract, the system cannot create a payment plan.
  Contract Configuration: The contract may not be configured correctly, or the necessary parameters for generating a payment plan are missing.
  Data Entry Issues: There may be missing or incorrect entries in the contract or related master data that prevent the system from generating the payment plan.
  System Settings: The settings in the SAP system regarding payment plans and historical data retention may not be configured to meet the requirements for the contract in question.
  
  
  Solution:
  
  Check Historical Data: Review