Logical file name &1 does not exist

What causes this issue?

In Customizing, the logical file name &V1& has been defined. This file
name doesn?t exist.

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?

Create logical file name &V1& or assign an existing logical file name to
archiving object &V2&.
When you enter logical file names and paths, make sure you check the
information in SAP Note 35992.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.