Amount &1 &2 could not be assigned as there were no OIs for selection

What causes this issue?

On the basis of the selection specifications, no open items were
selected for clearing. According to the clearing control configuration
for clearing type &V3&, automatic posting on account of the payment
amount is not defined.

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 selection specifications, or post the amount in question on
account.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.