Clearing act bus.area/func.area not defined for ch./acts 1&, act key 2&

What causes this issue?

The transaction you want to post requires clearing postings between
either business areas or application areas. This means you must generate
clearing postings. However, the account you are posting to has not yet
been defined in the accounting system configuration function for chart
of accounts &V1& and transaction &V2&.

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

System Response

The posting cannot be made.

How to fix this error?

Procedure for system administrator: specify the account to which the
business area or application area clearing has to be made.
IF &DEVICE& = 'SCREEN'
<DS:TRAN.OBXM>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.