Inspection lot &1 cannot be found

What causes this issue?

You entered inspection lot number &V1&(Z)&. No inspection lot was found
for this number.

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 entry, or call up the possible entries help to find an
inspection lot.

Error message extract from SAP system. Copyright SAP SE.