No liveCache anchor found

What causes this issue?

The sequence for creating time series in LiveCache is:
Characteristic value combinations are created which in turn create
planning object in the system
The combination of version, planning area, and planning object is
initialized, creating time series in LiveCache. This combination is so
to speak the LiveCache anchor.
RESET N1
There are two main causes for this error both of which originate in the
second step:
No time series objects exist for the planning area. In other words, the
planning area has not yet been initialized.
New characteristic value combinatons have been created for the master
planning object structure that is assigned to the planning area, but
the time series objects were not created.
RESET N1
&V1&
&V2&
&V3&
&V4&

What causes this issue?

System Response

Processing cannot continue.

How to fix this error?

Check in S&DP Administration whether the planning area has been
initialized. There should be a green light beside the planning area. If
not, choose <ZK>Create time series objects</> from the context menu.
There are two methods of creating time series objects for individual
characteristic value combinations:
Re-initialize the version without deleting the time series objects
beforehand.
Execute the report program /SAPAPO/TS_LCM_PLOB_DELTA_SYNC.

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

In general SAP recommend that when you generate new characteristic
value combinations, you set the <ZK>Create time series objects</>
indicator. This prevents this error from occurring.

Error message extract from SAP system. Copyright SAP SE.