No POD storage location assigned to plant &1

What causes this issue?

For handling discrepancies reported by a receiving warehouse, a
dedicated storage location has to be defined at the sending plant.
The 'Proof-of-Delivery' (POD) storage location is used to temporarily
assign discrepancies before they are posted to the 'initial' storage
location in a subsequent step.
For plant &V1& no such storage location has been defined.

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?

Correct the Customizing settings.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.