Correct configuration of item type &1 in comp &2 for company code &3.

What causes this issue?

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

System Response

The relevant entry is missing in Customizing table <AB>TACE_ITEMTYPEL
</>.

How to fix this error?

Please correct the relevant settings for accrual item type &V1&. To do
this, open the
<DS:SIMG.VC_TACE_ITEMTY>Define Accrual Item Types</> Customizing
activity in company code &V3& and application component &V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.