Characteristic value &1 does not exist for characteristic &2 (&3)

What causes this issue?

The characteristic "&V2&" ("&V3&") should be posted to Profitability
Analysis (CO-PA). When the system checked the entries, it was
established that the transferred characteristic value ("&V1&") is not
valid in CO-PA.

System Response

The data is not consistent and therefore cannot be transferred to
CO-PA.

How to fix this error?

With the function <DS:SIMG.SIMG_CFMENUORKEKES1>Maintain Characteristic
Values</>, you can add characteristic values to those that are valid.

Error message extract from SAP system. Copyright SAP SE.