Status errors occurred for the serial numbers concerned

What causes this issue?

On trying to execute the status operation &V1&, an error occurred with
at least one of the <DS:GLOS.serial_number>serial numbers</> concerned.

System Response

The processing is terminated.

How to fix this error?

Analyze the currently relevant serial numbers.

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.