Allocte a valid formula profile

What causes this issue?

You tried to allocate a
<DS:GLOS.B3A35E8458FAD311BA540800060D888B>formula profile</>, however,
this profile has an invalid profile category or status.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.