Product identifier not found while barcode scanning in the Dynamics 365 Finance and Operations - Warehousing

If you experience an issue with the barcode scanning in the Dynamics 365 Finance and Operations - Warehousing and see an error message the Product identifier not found as presented below

You must have forgotten to turn on the Scanning flag on the barcode itself for that item.

Go to Product information management > Products > Released products > Manage inventory tab on the Action pane > Bar codes button in the Warehouse section

Switch to the General tab for the selected bar code and switch on Scanning flag.