A valid check lot number was not specified

What causes this issue?

Pre-numbered checks should be printed when you call up the transaction
for online check printing.
CASE &V1&.
WHEN '546'.
No check lot numbers have been entered.
WHEN '547'.
The check lot &V2& you entered does not exist.
WHEN '548'.
The check lot &V2& is full and has no next lot.
WHEN '532'.
The next lot to be used &V2& does not exist.
ENDCASE.

System Response

Processing terminated.

How to fix this error?

Start the transaction for printing checks (using old payment document
number) and enter a valid lot number.
<DS:TRAN.FBZ5>Proceed</>

Error message extract from SAP system. Copyright SAP SE.