&1 has closing frequency. Assign FP and FL for &2 in posting schemas.

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.

<DS:DE.ACE_CLOSING_RHYTHM>Closing Frequency</> is defined for &V1&. When
the status of the accrual object is changed to ?Prematurely Finished?,
either automatic release posting or automatic late release posting is
triggered. Which one is triggered depends on the closing frequency.
When the closing frequency is configured, automatic release posting (FP)
and automatic late release posting (FL) are supposed to be configured
in pair in the posting schema.

System Response

&V1& is a combination of accrual component, accrual item type, company
code and ledger group.
&V2& is a combination of accrual component, accrual item type and
company code.

How to fix this error?

Assign &V2& with automatic release posting (FP) and automatic late
release posting (FL) in Customizing activity
<DS:SIMG.V_TACE_ITEMTYPES>Assign Accrual Item Types to Journal Entry
Types and Posting Schemas</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.