G/L acct is not defined for bank &, pmnt method &, currency &

What causes this issue?

No G/L account to which the posting is to be made has been specified in
configuration for the specified payment method together with the house
bank and the currency.

System Response

The entries are not accepted.

How to fix this error?

Correct your entries if they are incorrect.
Otherwise, have the missing specifications added via the configuration
for payment transactions.

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