The time constraint for infotype &1 (subtype &2) is missing

What causes this issue?

The time constraint for infotype &V1& and subtype &V2& is not defined.
Therefore, the system cannot save the infotype.

System Response

When updating this infotype, the update task terminates with the
message ERROR_DURING_INSERT/UPDATE/DELETE.

How to fix this error?

Define the the time constraint in table T777Z.

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.