Partner function with internal identification &1 does not exist

What causes this issue?

You have tried to work with partner function &V1&. This partner function
has not yet been defined. This error can also occur if a description has
not been entered for partner function &V1& in the language used.

How to fix this error?

Create the respective partner function with the abbreviation entered in
Customizing, or maintain the missing description.

Error message extract from SAP system. Copyright SAP SE.