Phase II of partner conversion has not been processed

What causes this issue?

Phase 2 for converting the Treasury Business Partner to the SAP
Business Partner has not yet been completed in your system.

System Response

In the second phase of the business partner conversion, the references
for the Treasury Business Partner must be reassigned to the SAP
Business Partner. This conversion must be carried out by the system
administrator before you can begin to work with partner management.

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.