Shelf life specified for material & is not defined in Customizing

What causes this issue?

The shelf life specified has not been defined in Customizing.
For example, you create an invoice containing a material with a shelf
life of 20 days. However, the only shelf life period defined in
Customizing activity
<DS:SIMG.J_3RF_T052S>Define Payment Terms for Splitting By Shelf Life
of Goods</> is 1 to 10 days.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.