Valuation Frequency code is not defined for Delivery Network

What causes this issue?

The Valuation Frequency Code for the Delivery Network needs to be set
up.

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?

Use the E<(>&<)>P Production Delivery Network Dated Characteristics
transaction to set up the Frequency Code for Valuation.
<DS:TRAN.O3U_DND2>Delivery Network Dated Characteristics</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.