Use leading ledger &4 as compatibility view ledger for CoCode &1 / &2

What causes this issue?

In the Customizing settings for
<DS:SIMG.V_FCML_MLCO_COFI>Multiple Accounting Principles in Controlling
(COGM)</>, you entered ledger &V3& as compatibility view ledger for
Controlling for company code &V1&, accounting principle &V2&, and
<LS>Excl. Update</> = '1'.

System Response

How to fix this error?

For <LS>Excl. Update</> = '1', you must use leading ledger &V4& instead
of &V3&.

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.