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Error Activating Subscription - Related to Payment Terms

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Content (required):

I created a subscription with a product and followed all instructions as per the implementation guide. However, when I try to activate the subscription I get an error "You must enter payment terms for the subscription".

This error comes up although I set the value for the payment terms on the subscription profile. In addition, I also tried updating the product level "Payment Term" using the Action Menu >>> update products.

Requesting assistance at the earliest.

Version (include the version you are using, if applicable):

Code Snippet (add any code snippets that support your topic, if applicable):

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