Crcy conversion settings for CT &1 are missing for cocode &3 (ledger &2)

What causes this issue?

In the ledger settings for ledger &V2& and company code &V3& the
currency type &V1& has been added, but the currency conversion settings
are not yet defined for company code &V3&.

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?

Define the currency type &V1& for company code &V3& in the IMG activity
<DS:SIMG.FINSVC_LEDGER>Define Ledger Settings for Journal Entry
Settings</> in view currency conversion settings for company code.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.