How To Fix EPS511 - Enter a new first payment date

SAP Error Message - Details

• Message type: E = Error

• Message class: EPS - Payment Scheme

• Message number: 511

• Message text: Enter a new first payment date

What causes this issue?

You have specified a new first payment date, which is no longer
compatible with the selected payment frequency.
If, for example, a weekly or fortnightly payment frequency has been
selected, then the payment day must be a week day, and cannot lie on a
weekend.
For monthly payments, only payment days up to the 28th of the month are
permitted.
For all other payment frequencies, the 31st of the month is generally to
be avoided. If a payment is due in February, then you should avoid the
29th and 30th of the month.

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?

Choose a permissible payment 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 EPS511 - Enter a new first payment date ?

  The SAP error message EPS511, which states "Enter a new first payment date," typically occurs in the context of payment processing within the SAP system, particularly when dealing with payment terms or payment schedules in financial transactions.
  Cause:
  The error usually arises due to one of the following reasons:
  
  Invalid Payment Date: The first payment date entered is either in the past or does not comply with the defined payment terms.
  Missing Configuration: The payment terms or conditions may not be properly configured in the system, leading to inconsistencies.
  Data Entry Error: There may be a typographical error or incorrect format in the date field.
  System Settings: The system may have specific settings that restrict the first payment date based on certain criteria (e.g., fiscal year, payment frequency).
  
  Solution:
  To resolve the EPS511 error, you can take the following steps:
  
  Check Payment Date: Ensure that the first payment date you are entering is valid and falls within an acceptable range (not in the past and within the fiscal year).
  Review Payment Terms: Verify the payment terms associated with the transaction. Make sure they are correctly set up in the system and that they allow for the specified first payment date.
  Correct Data Entry: Double-check the format of the date you are entering. Ensure it matches the expected format (e.g., DD/MM/YYYY).
  Consult Configuration: If you have access, review the configuration settings related to payment processing in the SAP system. This may involve checking the configuration of payment terms in the Financial Accounting (FI) module.
  Seek Help from IT Support: If the issue persists, it may be necessary to consult with your SAP support team or IT department for further assistance. They can check for any underlying issues in the system configuration or data integrity.
  
  Related Information:
  
  SAP Documentation: Refer to the official SAP documentation for detailed information on payment processing and configuration.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB60 (Enter Incoming Invoices) or F110 (Automatic Payment Transactions) where this error might occur.
  User Forums: Check SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify the cause of the EPS511 error and implement a suitable solution.