Transfer is to contract account &1 without contract object

What causes this issue?

You want to carry out a transfer posting to contract account &V1&. This
contract account does not have any contract objects.

System Response

The business partner items are posted on the target account without
reference to a contract object. If you have already entered a contract
object, the corresponding field is deleted.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.