How To Fix LR705 - No default for CO data for cost allocation to receiver object

LR705 - Overview

• Message type: E = Error

• Message class: LR - CATS: Cross-Application Time Sheet

• Message number: 705

• Message text: No default for CO data for cost allocation to receiver object

What causes this issue?

You have chosen the <LS>Cost assignment to receiver object</> scenario
under <LS>Cost accounting scenario</>. This means that a receiver
object that has been entered in the time sheet is transferred to HR,
and that no activity allocation can be recorded. In this case, the
system does not need to propose a sender cost center and an activity
type.

How to fix this error?

Choose a different scenario under <LS>Cost accounting scenario</>, or
deselect the following in the <LS>Default values</> section:
Master cost center
Cost center
Activity type

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LR705 - No default for CO data for cost allocation to receiver object ?

  The SAP error message LR705 ("No default for CO data for cost allocation to receiver object") typically occurs in the context of cost allocation processes within the Controlling (CO) module. This error indicates that the system cannot find a default cost object (such as a cost center, internal order, or project) to allocate costs to the specified receiver object.
  Causes of the Error:
  
  
  Missing Master Data: The receiver object may not have the necessary master data set up in the system. For example, if you are trying to allocate costs to a cost center, that cost center must exist and be properly configured.
  
  
  Incorrect Configuration: The configuration settings for cost allocation may not be correctly defined. This includes settings in the controlling area or the allocation structure.
  
  
  Missing Default Settings: The system may not have default settings for the cost allocation process. This can happen if the allocation structure does not specify a default