Parameters for plant & not maintained in Inventory Management

What causes this issue?

No parameters have been maintained for this plant in Inventory
Management.

System Response

Although you can enter goods movements in this plant, the system is not
able to determine specific data for this plant, such as:
the indicator <LS>Create storage location automatically</>
the indicator <LS>Negative stocks allowed</>
the indicator <LS>Batch where-used list function active</>
As a result, specific processes cannot be carries out in Inventory
Management.

How to fix this error?

Although the plant is defined centrally, the dependent entries do not
exist in the system. They can only be maintained by copying an existing
plant.
IF &[SWITCH]S4H_DOCU_ON_PREMISE& = 'X'.
To do this, choose the function <DS:SIMG.SIMG_CFMENUOLMB159L>Plant
parameters</> in Customizing.
ENDIF.

Error message extract from SAP system. Copyright SAP SE.