SAP Message C$595 - Enter a valid component type; &1 is invalid

Diagnosis You cannot use the component type &V1& you entered because it is notassigned to the specification category &V2& in Customizing. Procedure Choose a valid component type. If you want to use the component typeV1, notify your system administrator. Procedure for System Administration Assign the specification category &V2& to the component type &V1& inCustomizing.