Pricing data for partner &1 could not be read

What causes this issue?

Pricing data could not be read from the master data of account &V1&. The
access was carried out with sales organization &V2&, distribution
channel &V3&, and division &V4&.

System Response

If you have set up a sales area conversion in tables TVTA and TVKOS, the
sales area was converted before the actual access.
The transaction remains in error until pricing data can be determined.

How to fix this error?

Ensure that pricing information is available for the account on the
"Accounts" page (role "Sold-To Party"). In the assignment block "Sales
Area Data" you enter pricing information for a combination of sales
organization, distribution channel, and division, under "Billing".

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.