There is no archiving object for output & (application &)

What causes this issue?

The system could not determine an archiving object for optical
archiving from the Customizing data for output type &v1& (application
&v2&). However, optical archiving is required.

System Response

The output cannot be determined.

How to fix this error?

Maintain an archiving object in Customizing for output type &v1&.

Error message extract from SAP system. Copyright SAP SE.