Item &: No batches that can be included in phys. inv. exist for &

What causes this issue?

The system has read all batches for this material but did not find any
that could be included in the physical inventory.
Possible reasons for this are:
Al batches of the material have already been included in this or
another <GL:physical_inventory_document>physical inventory document</>.
The physical inventory is already active for these batches.
There are no batches of this material in stock.

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?

Do you want to
<DS:TRAN.MI22>display</> the physical inventory documents for the
material?
<DS:TRAN.MMBE>display</> the stock overview for the material?

Error message extract from SAP system. Copyright SAP SE.