3478684 - Error "No Valid Payment Method Found" occurs in the app "Manage Payment Requisitions"

The status of the payment requisition is "Payment in Exceptions" in the app Manage Payment Requisitions, when clicking into Payment Strategy, The following error message is displayed: "Payment for payment item YYYY is in exception" in the Log tab.
Then in app Process Payment Items for Invoices, the following error message is displayed: "No valid payment method found".

• SAP S/4HANA Cloud 
• SAP S/4HANA

Manage Payment Requisitions, F4837, No valid payment method found, Payment Strategy, Process Payment Items for Invoices, Manage Automatic Payment , KBA , FI-LOC-CM-CN , China , Problem