SAP Message >P062 - Deleted address used in contract account &1 for alternative payer &4

Diagnosis
The address (name: &V3&) has been deleted in the business partner.However, it is still used as selected partner address for thealternative payer &V4& in contract account &V1& with partner &V2&.

Procedure
Using the pushbutton account, go to the maintenance of contract
account &V1&. From here, select another address for alternative payerV4, and apply the changes. we recommend that you select the standardaddress of the alternative payer in the contract account instead of aspecific address. The advantage of this is that whenever you make achange to the business partner address, the standard address is alsoused in the contract account.
These changes are then saved when you save the current businesspartner.