Dimension &1: There is no document type for group share posting

What causes this issue?

You are executing the task of category <LS>Group Share Posting</> in an
update run. In this case, the system requires a document type for the
group share posting. You must define this document type for
consolidation entries (that is, with posting level 30) and with the <LS>
Group Share Posting</> business use.
However, there is no such document type in dimension &V1&.

System Response

The system halts processing because no posting is possible without the
appropriate document type.

How to fix this error?

In transaction CXES, define a document type with the following
properties:
Posting level 30 (consolidation entry)
Business use <LS>Group Share Posting</>
No calculation of deferred taxes
No automatic document reversal

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.