3738522 - Migration Cockpit - Prepare Staging Tables fails with runtime error MOVE_TO_LIT_NOTALLOWED_NODATA

When starting the phase 'Prepare' in Migration Cockpit, the phase terminates and the logs can be seen as this:

Internal session terminated with a runtime error MOVE_TO_LIT_NOTALLOWED_NODATA (see ST22)
Job canceled
Job canceled
Activity failed. Please try again. Contact support if issue remains.

While checking the ST22, a dump can be seen:

Category               ABAP programming error                                                       
Runtime Errors         MOVE_TO_LIT_NOTALLOWED_NODATA                                                
ABAP: Program          <staging table name>                                                
Application Component  Not assigned                                                                 
Date and Time          <date> <time> (<timezone>)   

S4HANA 2021 onwards

migration cockpit, ltmom, custom, field, standard, template, object, project , KBA , CA-LT-MC , S/4HANA Migration Cockpit , Problem