Batch & & & & does not exist

What causes this issue?

For material &V1&, you have entered a
<DS:GLOS.3526BFBFAFAB52B9E10000009B38F974>batch</> that does not exist
in plant &V2&, storage location &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?

If this error has occurred during the entry of a reservation, you can
do the following:
Enter the reservation without specifying the batch. The reservation can
be posted on a non-batch-specific basis. The batch is not determined
until the goods movement is posted.
If you wish to reserve a certain batch, you can call up the
<DS:GLOS.3526C0C4AFAB52B9E10000009B38F974>stock overview</> to
<DS:TRAN.MMBE>display</> a list of existing batches.
If this error occurred on entry of a physical inventory document, you
can do the following:
Do not enter a batch. The system will automatically determine all
batches that can be included in the physical inventory document.

Error message extract from SAP system. Copyright SAP SE.