SAP Message >2604 - Payment medium format &1 is missing the module for event &2

Diagnosis
Payment medium format &V1& has been defined incorrectly.

System Response
Processing termination

Procedure
IF &V1(1)& EQ '/'
The format is not part of the standard delivery of the SAP system.Contact the author of the format.
ELSE
Contact your system administrator or create an OSS message.
ENDIF

Technical-info
No function module was defined at event &V2& for payment medium formatdefinition &V1&.
Proceed