Source for LIA material price in co. code & was not found in table OI001

What causes this issue?

The source for the LIA material price could not be determined from table
<ZH>OI001</>. Either there is no entry in the table for company code
&V1& or there is no value maintained for field <ZH>LIA-PI</> for this
company code.

System Response

When posting an LIA document for a book receipt or book delivery, the
material price is read from either the Logical Inventory Valuation
Segment (OIA07) or the Material Valuation Record (MBEW). It could not
be determined where to get material prices for company code &V1&.

How to fix this error?

Check that table <ZH>OI001</> contains an entry for company code &V1&
and the field <ZH>LIA-PI</> has a value <ZH>1</> or <ZH>2</>.
1 - LIA material price from Logical Inventory Valuation Segment
2 - LIA material price from Material Valuation Record (MBEW)
If you have proper authority, maintain the following Customizing
activity. Otherwise, contact the system administrator:

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

<ZK>IS-Oil IMG via TDP -> Global Settings -> Parameter Assignments ->
Maintain IS-Oil company code parameters</>

Error message extract from SAP system. Copyright SAP SE.