How To Fix VVSCMASTERDATA308 - Could not settle payment plan; relation of cont. acct &1 to BP &2 unknown

SAP Error Message - Details

• Message type: E = Error

• Message class: VVSCMASTERDATA -

• Message number: 308

• Message text: Could not settle payment plan; relation of cont. acct &1 to BP &2 unknown

What causes this issue?

The business partner is not assigned to the contract account.

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?

Create a contract account and assign the relevant business partner to
it. Use transaction CAA1 to do this or assign this business partner to
an existing contract account as the additional business partner.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.