Invalid value &2 of funds center in derived budget address

What causes this issue?

The value &V2& of the funds center in the derived budget address is not
valid.

System Response

Processing stopped.

How to fix this error?

Check the derivation strategy &V1& used for deriving the account
assignment of the budget address for the FM area and fiscal year in the
IMG activity <DS:SIMG._ISPSFM_N_DERIVE_BO>Define Derivation Strategy for
Budget Addresses</>.

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.