Error in time conversion: Infostructure &1, grid &2, date from &3 to &4

What causes this issue?

During conversion of selection timeframe &V3& - &V4& in period grid
&V2& of info structure &V1& an error occurred.

System Response

The system can not continue processing.

How to fix this error?

Please check the settings of info structure &V1& in REA or logistics
Customizing.

Error message extract from SAP system. Copyright SAP SE.