Missing balance carry forward for &1 prevent archiving

What causes this issue?

G/L balance carry forward for company code &V3& and ledger &V4& has not
been performed yet for fiscal years following the archiving time frame.
Archiving of extract data is only allowed:
for former fiscal years
if G/L balance carry forward has been performed for fiscal years
following the archiving time frame

System Response

Extract data for &V2& &V1& are not written to archive.

How to fix this error?

First execute G/L balance carry forward for company code &V3& and ledger
&V4&.

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.