Latest posting date could not be determined for due date &1

What causes this issue?

This error may have any one of the following reasons:
The calculated earliest posting date (EPD) is not allowed to be after
the latest posting date (LPD). Based on the Customizing settings, the
system calculates the EPD and LPD for a particular due date as as
follows:
EPD = due date - maximum number of calendar days before the due date
LPD = due date - minimum number of interbank working days before the
due date for the first run
LPD = due date - minimum number of interbank working days before the
due date for the subsequent run
There may be a calendar error defined for the calendar. In Customizing
for <ZK>Bank Customer Accounts (IS-B-BCA)</>, choose <LS>Account
Management -> SEPA -></>
<DS:SIMG.SIMG_BA-CA-TBKKSEPA_RCV>Define SEPA Properties for Recipient
Transaction Types</>.

System Response

The system cannot post the SEPA direct debit order (either one-time or
recurring).

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.