No valid ledger from reset set & can be posted to

What causes this issue?

You cannot post to any of the company codes or global companies for the
reset set.

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?

Maintain the posting indicators in the company code assignment -> ledger
assignment or the global company -> ledger assignment in configuration.


&NOTE&
Only those ledgers from the reset set are valid which are also assigned
to the receiver table. The system does not take any of the other
ledgers into consideration during the check and execution.

Error message extract from SAP system. Copyright SAP SE.