No objects relevant for reporting found

What causes this issue?

The system cannot find any objects in the table that are relevant for
regulatory reporting and match the selection criteria in the variant. It
is possible that you did not enter the correct company codes in the
institution information or that the objects were specified as 'not
relevant for regulatory reporting'.
EM_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?

Check the Customizing settings.

Error message extract from SAP system. Copyright SAP SE.