Epson 5000/5500 - Manual (Page 68)

Micro Feed
Note:
For continuous paper, the printer remembers this new position
even after it has been turned off and back on.
The printer has a minimum and maximum loading position. If
you try to advance the loading position beyond these limits,
the printer beeps and the paper stops moving.
When the paper reaches the factory-set loading position, the
printer beeps and paper feeding pauses briefly. Use the factory
setting as a reference point when adjusting the loading
position.
The printer remembers the new loading position for single-
sheet paper only until you turn off the power. The loading
position returns to the factory setting when the power is
turned on again.
Using the Printer 3-15