No settlement schema assigned to rebate arrangement type &1

What causes this issue?

Arrangement value &V1& is not assigned a settlement schema. However,
for customer rebate arrangements, this is essential.

System Response

Settlement of arrangements for arrangement type &V1& is not possible.

How to fix this error?

Assign a settlement settlement schema. If necessary, contact your
system administrator.

Procedure for System Administrators

For schema creation, see the IMG.
IF &DEVICE&='SCREEN'
<DS:SIMG.SIMG_CFMENUOLMEKONDT>Set Up Condition Technique for Subsequent
Settlement (subpoint Maintain Settlement Schema for Subsequent
Settlement)</> Assign a settlement schema. See also the help on data
element "Settlement schema"
<DS:SIMG.SIMG_CFMENUOLMEOMHD>Define Rebate Arrangement Types for
Subsequent Settlement</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.