No CO version can be determined for ledger &1 in company &2

What causes this issue?

The G/L ledger configuration should contain an assignment of ledger &v1&
/ company code &v2& to a corresponding CO version. However, no CO
version can be determined for that combination.

System Response

Every CO version needs to be assigned to a suitable legder. Otherwise CO
documents cannot be recorded properly.

How to fix this error?

Please assign all relevant CO versions to a ledger for all company
codes.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.