SAP Message BA423 - There is no rule with a minimum retention period

Diagnosis
For IRM object type &v1& there is no rule with a specified minimumretention period in any productive policy. Data archiving/destruction isnot possible if no minimum retention period is specified. Only snapshotgeneration runs can be executed.

System Response
The archiving/destruction run is terminated.

Procedure
Enter a minimum retention period for object type &v1& for at least onerule in a production policy. If this is not possible or useful, you canonly use the snapshot option for this IRM object type.