How To Fix TU862 - Payment plan &2 already exists for contract &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 862

• Message text: Payment plan &2 already exists for contract &1

What causes this issue?

You attempted to create a payment plan with start date &3 for contract
&1.
However, a payment plan already exists with an end date that is later
than the start date of the plan you are trying to create.

System Response

The system terminates processing.

How to fix this error?

Change the start date of the new payment plan to be created.

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.