How To Fix KM157 - &1 is the standard hierarchy of controlling area &2

KM157 - Overview

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 157

• Message text: &1 is the standard hierarchy of controlling area &2

What causes this issue?

&V1& is already reserved as the name for the standard hierarchy
in controlling area &V2&.

System Response

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

How to fix this error?

Correct your entry.
If you wish, you can also change the name reservation.
Set the <DS:SIMG.SIMG_CFMENUORK1OKKS>current controlling area</> to
&V2&.
Change the <DS:SIMG.SIMG_CFMENUORK10KE5>name of the standard
hierarchy</>.
Then set the <DS:SIMG.SIMG_CFMENUORK1OKKS>current controlling area</>
back to &V3&.

Error message extract from SAP system. Copyright SAP SE.

KM157 - Details

• The SAP error message KM157 indicates that the system is unable to find the standard hierarchy for a specified controlling area. This typically occurs in the context of controlling (CO) module transactions, where the system expects a standard hierarchy to be defined for the controlling area in question.
  
  Cause:
  
  Missing Standard Hierarchy: The most common cause of this error is that the standard hierarchy for the specified controlling area has not been created or is not active.
  Incorrect Configuration: There may be issues with the configuration settings in the controlling area, such as incorrect assignment of the standard hierarchy.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to access the standard hierarchy.
  
  
  Solution:
  
  
  Create or Activate Standard Hierarchy:
  
  Go to the SAP Easy Access screen.
  Navigate to Controlling -> Cost Center Accounting -> Master Data -> Standard Hierarchy.
  Check if the standard hierarchy exists for the specified controlling area. If it does not exist, create it.
  If