A maximum of two valuation profiles are permitted per axis definition

What causes this issue?

No more than two valuation profiles per definition of an axis (X-axis or
Y-axis) can be assigned to a risk matrix. When you assign two valuation
profiles to the axis definition, the respective axis of the risk matrix
receives all values that result from the possible multiplications of the
values from the two valuation profiles.

System Response

The action was canceled.

How to fix this error?

Assign a maximum of two valuation profiles to the definition of the
axis.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.