How To Fix VSB277 - SP &1 Customizing not sufficient for processing

SAP Error Message - Details

• Message type: E = Error

• Message class: VSB - Self-Billing Procedure Messages

• Message number: 277

• Message text: SP &1 Customizing not sufficient for processing

What causes this issue?

The Customizing for the "Self-billing procedure with automatic postings"
has not been completely maintained for sold-to party &V1&:

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

Either the "reference number" does not contain an entry, or
The "condition type" is empty, or
None of the "Delivery determination with..." fields have been set.

System Response

Processing ends.

How to fix this error?

Enter the missing Customizing with transaction OVD7 and start processing
again.

Error message extract from SAP system. Copyright SAP SE.