Goods receipt date '&' not within the validity period of the qty.schedule

What causes this issue?

The assumed goods receipt date '&V1&', used to determine the quantity
schedule line from the assigned purchase order item, is either:
The delivery date (LIKP-LFDAT) - If the delivery note is created
without posting a goods issue and no actual goods issue date is
entered.
The actual goods issue date (LIKP-WADAT_IST) - If one is entered.
(Note: If you do not specify this and a goods issue is being
posted, then the system automatically enters this as the current date).
The date assumed for the goods receipt date, '&V1&', is outside the
range of the quantity schedule for the assigned purchase order item.

System Response

The system does not accept the assignment of this purchase order item.

How to fix this error?

Please correct the exchange assignment schedule using another purchase
order item or change the delivery date / actual goods issue date.

Error message extract from SAP system. Copyright SAP SE.