The &1 valuation type could not be determined

What causes this issue?

The system cannot determine valuation type due to the lack of a table
entry during configuration.

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?

Check your screen entries and/or the identified table entries.
If you have the necessary authorization you may select from the tables
below, otherwise contact your system administrator.
Table OIH11 - Sales/distribution defaults

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.