No business area found for transaction &1 &2

What causes this issue?

No business area has been specified in the posting area for
transaction-relevant account assignment data. However, the business
area balance sheet is active for company code &V3&.

System Response

The document is not posted.

How to fix this error?

Enter a business area for transaction &V1& &V2& for the transaction-
relevant account assignment data, for each division and each account
assignment supplement in company code &V3&.

Error message extract from SAP system. Copyright SAP SE.