How To Fix EPS059 - Last payment day already elapsed; PS &1 cannot be reversed

EPS059 - Overview

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 059

• Message text: Last payment day already elapsed; PS &1 cannot be reversed

What causes this issue?

You tried to reverse invoicing document &V3& - the document that
adjusted payment scheme &V1& - for &V2&. This is not possible because
the last payment date of payment scheme &V1& has already passed by &V2&.

System Response

Reversal is terminated.

How to fix this error?

Restart the transaction for reversing invoicing document &V3&. When you
do this, set the indicator <LS>keep budget billing plan</>.

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.

EPS059 - Details

• The SAP error message EPS059 indicates that an attempt is being made to reverse a payment that cannot be reversed because the last payment day has already passed. This typically occurs in the context of financial transactions, particularly in accounts payable or payroll processing.
  
  Cause:
  
  Last Payment Day Elapsed: The system has a defined last payment day for reversing transactions. If the current date is beyond this defined date, the system will not allow the reversal.
  Configuration Settings: The configuration settings in the SAP system may have defined a specific period after which reversals are not permitted.
  Transaction Type: Certain types of transactions may have stricter rules regarding reversals.
  
  
  Solution:
  
  Check the Date: Verify the current date against the last payment day defined in the system. If the date has indeed passed, you will need to consider alternative solutions.
  Consult Configuration: Review the configuration settings in the SAP system to understand the rules around payment reversals. This