How To Fix EPS044 - Payment date cannot be later than the 28th day of a month

SAP Error Message - Details

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 044

• Message text: Payment date cannot be later than the 28th day of a month

What causes this issue?

The payment date that you have selected cannot be used with the payment
frequency of the payment scheme.

System Response

The entry is invalid.

How to fix this error?

Change the payment date so that it lies between the 1st and the 28th of
a month.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message EPS044 - Payment date cannot be later than the 28th day of a month ?

  The SAP error message EPS044, which states "Payment date cannot be later than the 28th day of a month," typically occurs in the context of payment processing within the SAP system. This error is often related to the configuration of payment terms or the specific settings in the financial module.
  Cause:
  
  Payment Terms Configuration: The payment terms defined in the system may restrict payment dates to the 28th of the month. This is common in scenarios where payments are scheduled to occur on a specific day of the month.
  Month-End Processing: Some organizations have policies or configurations that limit payment processing to the 28th day of the month to ensure that all transactions are accounted for before month-end closing.
  Custom Logic: There may be custom logic or user exits implemented in the SAP system that enforce this restriction.
  
  Solution:
  
  Review Payment Terms: Check the payment terms assigned to the vendor or customer in question. You may need to adjust the payment terms to allow for later payment dates.
  
  Navigate to the relevant vendor or customer master data and review the payment terms.
  
  
  Adjust Payment Date: If the payment date is set beyond the 28th, consider changing it to a date that is within the allowed range (i.e., on or before the 28th).
  Configuration Changes: If the restriction is due to configuration settings, consult with your SAP administrator or financial team to determine if the settings can be modified to allow for later payment dates.
  Custom Logic Review: If there is custom logic in place, work with your ABAP developer or SAP consultant to review and potentially modify the logic to accommodate later payment dates.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message. SAP frequently releases notes that address specific error messages and provide guidance on resolution.
  Documentation: Review SAP documentation related to payment processing and payment terms to understand the implications of changing configurations.
  Testing: After making any changes, ensure to test the payment processing in a development or quality assurance environment before applying changes to the production system.
  
  If the issue persists after trying the above solutions, it may be beneficial to engage with SAP support or a consultant who specializes in SAP financial modules for further assistance.