No valuation area can be determined for material postings

What causes this issue?

You maintained the setting 'Do not enter plant data' in Customizing for
settlement document type &V1&. However, the system is not able to
determine the valuation area for inventory postings.

System Response

INCLUDE ISR_VERARBEITUNG OBJECT DOKU ID TX

How to fix this error?

You have the following options:
Change the settings for valuation area determination in MM Customizing.
Select a settlement document type which permits plant data entry.

Error message extract from SAP system. Copyright SAP SE.