There are no areas to post to in company code &

What causes this issue?

There are no areas to post to in company code &V1&.

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?

Using the Customizing functions, check whether the areas to be posted
have been given a posting cycle in the company code specified.

Error message extract from SAP system. Copyright SAP SE.