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Backend Error : SO1030000: quantity entered (2,000) exceeds target value 1,000 in contract

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Purchasing Value contract for services exist in SRM. However when try to purchase more than one quantity above error occurs although the value has not reached its target value. I have tried simulating in S4 Hana as well and following error message occurs " Quantity entered exceeds target quantity in contract (message no. SE346)" appears. I'm not sure why such error happens for a value contract.

Please do let me know if more details needed as my first time posting and I'm new to SAP. Appreciate kind assistance from members.

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