No entry exists for transfer variant &1 relationship &2 dep. area &3

What causes this issue?

No transfer method is defined for depreciation area &V3& in transfer
variant &V1&, relationship type &V2&.
The reason for this error could be, for example:
When you posted an intercompany asset transfer, depreciation area &V3&
was not on the receiving asset, and you did not define any
cross-company depreciation areas.

How to fix this error?

Specify a transfer method for depreciation area &V3&. Or use the
generic entry '*' to specify a method that is valid for all areas where
no method has been specifically assigned.

Error message extract from SAP system. Copyright SAP SE.