Period split & for LIS structure & not allowed (internal error)

What causes this issue?

Period split &V1& for LIS structure &V2& is not allowed.
The period split determines the periodicity of the updating (e.g. on a
daily or monthly basis).
The error occurred in function module &V3&.

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?

Contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.