How To Fix 1P582 - Payment note no. &1 is valid

SAP Error Message - Details

• Message type: E = Error

• Message class: 1P - BCA: Payment Transactions

• Message number: 582

• Message text: Payment note no. &1 is valid

What causes this issue?

The system determined that the application of funds after conversion
will be &V3& characters long. For this medium &V2& characters are
allowed.
Converted text (100 characters):
'&V4&'

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1P582 - Payment note no. &1 is valid ?

  The SAP error message 1P582 indicates that a payment note number (or reference number) is not valid in the context of the transaction you are trying to execute. This error typically arises in financial transactions, particularly in accounts payable or receivable processes.
  Cause:
  
  Invalid Payment Note Number: The payment note number you are trying to use may not exist in the system or may have been deleted.
  Incorrect Entry: There might be a typographical error in the payment note number you entered.
  Status of Payment Note: The payment note may be in a status that does not allow it to be used (e.g., it may be blocked or not yet activated).
  Configuration Issues: There could be configuration settings in the SAP system that restrict the use of certain payment notes.
  
  Solution:
  
  Verify Payment Note Number: Double-check the payment note number you are entering for any typographical errors. Ensure that it is the correct number.
  Check Existence: Use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to check if the payment note number exists in the system.
  Review Status: Ensure that the payment note is in an active status and is not blocked or deleted.
  Consult Documentation: Refer to your organization's documentation or SAP help resources to understand the specific requirements for payment note numbers in your configuration.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or system administrator for further assistance. They may need to check the configuration or the database for any discrepancies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that can help you investigate the issue further, such as FB03 (Display Document) or FBL1N.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to access and use payment notes in the system.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.