No provision for value posting for movement type &

What causes this issue?

Only the updating of physical stock balances (quantities) has been
defined for movement type &V1& - not value postings in the accounting
system. For this reason, you cannot simulate any value postings to
accounts for movement type &V1&.

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?

Please choose a movement type for which value postings in the
accounting system have been defined (by direct entry or by pressing F6
or F7).

Error message extract from SAP system. Copyright SAP SE.