No authorization for reports on order type &, cost element &

What causes this issue?

You are not authorized to report for order type &V1& in connection with
cost element &V2&.

System Response

You cannot access the requested data.

How to fix this error?

If you require access to the requested data, contact your system
administrator and request that your authorization profile be enhanced
appropriately.

Error message extract from SAP system. Copyright SAP SE.