Error during valuation using product costing

What causes this issue?

In Profitability Analysis, the system tried to valuate the line item by
transferring a cost component split in the <ZH>controlling area
currency</> for costing key <ZH>&V4&</>
In this particular instance, the system has determined that cost
component splits are not stored in the controlling area currency in
company code <ZH>&v1&</> for the costing type <ZH>&v2&</> and valuation
variant <ZH>&v3&</>. Consequently, no data could be transferred in the
controlling area currency.
(In company codes that use a different currency from that of the
controlling area to which they are assigned, the Product Cost
Controlling (CO-PC) lets you store cost component splits in both the
company code currency and the controlling area currency. You can define
this by activating the appropriate indicator in Customizing for CO-PC
for the desired company code. This setting is also dependent on the
control parameters <DS:DE.CK_KALKA>costing type</> and
<DS:DE.CK_BWVAR>valuation variant</>. For the current transaction,
these control parameters were determined from the
<DS:DE.CK_KLVAR>costing variant</>. The costing variant itself was
determined either via the <DS:DE.KALAW>costing key</> or the sales
order item number (in sales-order manufacturing).

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

The document cannot be processed any further.

How to fix this error?

Check your <DS:CHAP.SIMG_CMMENUORKE2660>Customizing settings</> for
Profitability Analysis.
The setting for storing cost component splits in the controlling area
currency is made using the function
<DS:SIMG.SIMG_CFMENUORKKOKYW>Activate cost component split in
controlling area currency</>.

Error message extract from SAP system. Copyright SAP SE.