No ILM Store exists in SRS administration for ICF service '&1'

What causes this issue?

The ILM Store is not defined in the Storage and Retention Services (SRS)
store administration for the ICF service <ZK>&V1&</> on the host
<ZK>&V2&.</>

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?

1. Go to the ILM SRS store administration (transaction <LS>ILMSTOREADM
</>).
2. Create a definition of the ILM Store. The <LS>HTTP Connection
</>field must contain an RFC destination of type <LB>G</> that
corresponds to the target ILM Store.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.