No financial statement version assigned for acctg principle &1 and CoA &2

What causes this issue?

There is no financial statement version assigned.

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?

IF &[SWITCH]S4H_DOCU_CLOUD& = 'X'.
You can do the assignment under Finance --> General Ledger --> Chart of
Accounts --> Define Financial Statement Versions in Global Hierarchies.
For more information, please read the configuration help of the
configuration step.
ELSE.
You can do the assignment in the activity
<DS:SIMG.FINSC_FAGL2SEMTA> Assign Semantic Tags to Financial Statement
Versions</>.
For more information, please read the documentation of the activity
<DS:SIMG.FINSC_FAGL2SEMTA> Assign Semantic Tags to Financial Statement
Versions</>.
ENDIF.

Error message extract from SAP system. Copyright SAP SE.