Chart of dep.& not allowed (Check your entry)

What causes this issue?

The chart of depreciation &V1& has not been 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?

A. Use a defined chart of depreciation (F4 possible entries)
or
B. Define the chart of depreciation using the Customizing functions.

Error message extract from SAP system. Copyright SAP SE.