No planning area exists for version &

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

What causes this issue?

The planning area has not been initialized for version &v1&.

System Response

How to fix this error?

In S&DP Administration select the planning area. From the context menu
choose <zk>Create time series objects</>. Enter planning version &V1&
and the period.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.