How To Fix 5D470 - The payment date must lie in the month before the start date

SAP Error Message - Details

• Message type: E = Error

• Message class: 5D - Error Messages for German Infotype Module Pools

• Message number: 470

• Message text: The payment date must lie in the month before the start date

What causes this issue?

The capital payment period begins on the first date of the month
following payment of the capital lump sum. Therefore, the day of the
payment must lie in the month before the start date. Also see the
circular from the umbrella organizations from February 23, 2007:
<ZK>Health Insurance and Care Insurance for Pensioners as of April 1,
2007.</>

System Response

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

How to fix this error?

Change the day of the payment such that it lies in the month before the
start date.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5D470 - The payment date must lie in the month before the start date ?

  The SAP error message 5D470, which states "The payment date must lie in the month before the start date," typically occurs in the context of financial transactions, particularly when dealing with payment processing or scheduling in SAP systems. This error indicates that the payment date you are trying to enter is not valid because it does not meet the required conditions set by the system.
  Cause:
  
  Date Configuration: The payment date you are trying to enter is set to a date that falls within the same month or after the start date of a financial period or contract.
  Business Rules: There may be specific business rules or configurations in your SAP system that dictate that payments must be made in the month prior to the start of a contract or financial period.
  Incorrect Data Entry: The user may have mistakenly entered the wrong payment date.
  
  Solution:
  
  Adjust Payment Date: Change the payment date to a date that falls within the month prior to the start date. Ensure that the payment date is valid according to the business rules configured in your SAP system.
  Review Configuration: If you believe the payment date should be valid, review the configuration settings in your SAP system. This may involve checking the financial period settings or any specific rules related to payment processing.
  Consult Documentation: Refer to your organization's SAP documentation or guidelines to understand the specific rules regarding payment dates and financial periods.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or a consultant who can provide further assistance.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes such as F110 (Automatic Payment Transactions) or F-53 (Post Outgoing Payments) when encountering this error.
  Financial Periods: Understanding how financial periods are defined in your SAP system can help in resolving this issue. Check the settings in transaction code OB52 (Maintain Fiscal Year Variant).
  User Training: Ensure that users involved in payment processing are trained on the correct procedures and the importance of adhering to date-related rules in SAP.
  
  By following these steps, you should be able to resolve the error and successfully process the payment.