SAP Message UCFI039 - Inventory item &1 not defined in Customizing settings

Diagnosis
You specified the inventory item in Additional Financial Data:Inventory Data.
This item does not reside in current assets under Inventory Itemsin the Customizing settings for elimination of interunit profit/loss intransferred inventory, and therefore cannot be used in the entry of
Additional Financial Data: Inventory Data.

System Response
The system terminates processing.

Procedure
Call up input help and select a valid item, or define the item underInventory Items in the current assets in the Customizing settingsfor the elimination of interunit profit/loss.