Task &1 does not exist

What causes this issue?

The task <(>&<)>V1<(>&<)> does not exist.

System Response

Error

How to fix this error?

Check your settings in Customizing and if necessary create task
<(>&<)>V1<(>&<)>.

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.