Distibution Model- Outbound parameters for message type could not be found

Hi SRM Gurus,

Have you ever encountered this error while buidling Distribution model in BD64 -

When I try to generate partner profile, I am getting this error-

Outbound parameters for message type BBPCO BBPCO01 could not be created

Partner not found in partner table

This error is occuring for all message types.

Please let me know the solution if anyone has encountered this error before.

Thanks & Regards

Kapil