Debt Collection Management is already active in S/4 HANA.

What causes this issue?

You can't activate business function PSCD_DEBT_MGMT_1 when Debt
Collection Management in S/4HANA is activated in customizing activity
<DS:SIMG._FICABFDP_TFK000C>Maintain Central Settings for Postings</>.

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

Business function PSCD_DEBT_MGMT_1 shouldn't be activated in S/4HANA.
See also SAP Note 2231667.

System Response

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.