Company code &1 has default ledger group &2 without CO-rel. ledger &3

What causes this issue?

In the Customizing settings for
<DS:SIMG.FINS_CO_DOCT_CC>Check and Define Default Values for Postings
in Controlling</>, you have entered ledger group &V2& for company code
&V1&. This ledger group does not contain ledger &V3&.
In the Customizing settings for
<DS:SIMG.FINSV_VERSN_LD>Define Ledger for CO Version</>, however, you
have entered ledger &V3& for a CO version in controlling area &V4&.

System Response

The default ledger group must contain all ledgers which are entered in
the Customizing settings for
<DS:SIMG.FINSV_VERSN_LD>Define Ledger for CO Version</> for controlling
area &V4&.

How to fix this error?

Choose a default ledger group for company &V1& which contains all
CO-relevant ledgers in the Customizing settings for
<DS:SIMG.FINS_CO_DOCT_CC> Check and Define Default Values for Postings
in Controlling</>.

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.