How To Fix EPS062 - Reversal date &1 comes after the first payment date &2; Cannot reverse

SAP Error Message - Details

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 062

• Message text: Reversal date &1 comes after the first payment date &2; Cannot reverse

What causes this issue?

New lines were created in payment scheme &V3& by print document &V4&,
the print document to be reversed. The first payment date &V1& of one of
these lines comes before the reversal date &V2&. Therefore, &V4& cannot
be reversed due to the changes in the payment scheme.

System Response

The reversal process was terminated.

How to fix this error?

Reverse print document &V4& and retain the payment scheme. Adjust the
payment scheme during rebilling.

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 EPS062 - Reversal date &1 comes after the first payment date &2; Cannot reverse ?

  The SAP error message EPS062 indicates that there is an issue with the reversal date in relation to the first payment date of a document. Specifically, the error states that the reversal date you are trying to use comes after the first payment date, which is not allowed in the system.
  Cause:
  
  Reversal Date After First Payment Date: The primary cause of this error is that the reversal date you are attempting to enter is later than the first payment date of the document you are trying to reverse. SAP has built-in checks to prevent reversals that could lead to inconsistencies in financial reporting.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Dates: Verify the first payment date of the document you are trying to reverse. You can do this by reviewing the document in the relevant transaction (e.g., FB03 for displaying documents).
  
  
  Adjust the Reversal Date: If the reversal date is indeed after the first payment date, you will need to change the reversal date to a date that is on or before the first payment date.
  
  
  Review Payment Terms: If the payment terms or conditions have changed, ensure that the first payment date is still valid and that the reversal aligns with your current financial processes.
  
  
  Consult with Finance Team: If you are unsure about the correct dates or the implications of changing them, consult with your finance or accounting team to ensure compliance with your organization's policies.
  
  
  Use Alternative Methods: If you cannot reverse the document due to the date constraints, consider other options such as creating a correcting entry instead of a reversal.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FB03 (Display Document), FB08 (Reverse Document), or FBL1N (Vendor Line Item Display) to check the relevant documents and their details.
  SAP Notes: Check SAP Notes for any specific updates or patches related to this error message, as there may be additional guidance or fixes provided by SAP.
  Documentation: Review SAP documentation or help files related to document reversal processes to understand the rules and constraints better.
  
  By following these steps, you should be able to resolve the EPS062 error and successfully process your reversal.