Number range &1 not found for object &2 in fiscal year &3

What causes this issue?

Number range &V1& not found for object &V2& in fiscal year &V3&.

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?

Create the missing number range in:
<DS:SIMG._ISPSFM_N_FMEDNR>Maintain Number Range Interval for Entry
Documents</>
<DS:SIMG._ISPSFM_N_FMLENR>Maintain Number Range Interval for Budget
Change Documents</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.