How To Fix T0947 - Payment is still open (due date &1), payment has not been executed

SAP Error Message - Details

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 947

• Message text: Payment is still open (due date &1), payment has not been executed

What causes this issue?

The payment is still open (due date &V1&) as the corresponding payment
request has not yet been regulated.

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?

Execute payment program &V2&.

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 T0947 - Payment is still open (due date &1), payment has not been executed ?

  The SAP error message T0947 indicates that a payment is still open and has not been executed by the due date specified. This error typically arises in the context of accounts payable or payment processing within the SAP system. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Open Payment: The payment for a specific invoice or document is still open, meaning it has not been processed or cleared.
  Due Date: The payment is past its due date, which may trigger the error message to alert users that action is required.
  Payment Block: There may be a payment block set on the vendor or invoice, preventing the payment from being executed.
  Insufficient Funds: The company may not have sufficient funds in the bank account to execute the payment.
  Configuration Issues: There may be issues with the payment run configuration or settings in the SAP system.
  
  Solution:
  
  Check Payment Status: Review the payment status of the invoice in question. Ensure that it is not blocked and is eligible for payment.
  Review Due Date: Confirm the due date of the payment and ensure that it is indeed past due. If it is not, you may need to adjust your payment run settings.
  Remove Payment Block: If there is a payment block, you will need to remove it. This can be done by checking the vendor master data or the specific invoice.
  Execute Payment Run: If the payment is eligible, execute the payment run again. Ensure that all necessary parameters are correctly set.
  Check for Errors: Review the payment run logs for any additional errors or warnings that may provide more context on why the payment was not executed.
  Consult with Finance Team: If you are unsure about the payment status or the implications of executing the payment, consult with your finance or accounting team.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F110 (Automatic Payment Transactions) to manage payment runs.
  Vendor Master Data: Check the vendor master data (transaction code XK03) for any restrictions or blocks that may affect payment processing.
  Payment Terms: Review the payment terms associated with the vendor to ensure they align with your company’s policies.
  SAP Notes: Look for SAP Notes related to payment processing issues, as they may provide additional insights or patches for known issues.
  
  By following these steps, you should be able to identify the cause of the T0947 error and take appropriate action to resolve it.