How To Fix PV704 - Control parameters affecting activity allocation are missing

PV704 - Overview

• Message type: E = Error

• Message class: PV - Training and Event Management

• Message number: 704

• Message text: Control parameters affecting activity allocation are missing

How to fix this error?

Maintain all <DS:SIMG.SIMG_CFMENUOHP3OOIL>Control parameters</>
relevant for internal activity allocation in Customizing for Training
and Event Management under <LS>Integration</> -> <LS>Billing and
Allocation</> -> <LS>Activity Allocation</>.

Error message extract from SAP system. Copyright SAP SE.

PV704 - Details

• The SAP error message PV704, which states "Control parameters affecting activity allocation are missing," typically occurs in the context of activity allocation in SAP Controlling (CO) when certain required settings or parameters are not configured correctly. This error can arise during the execution of various processes, such as when trying to allocate costs or when running reports that involve activity allocations.
  Causes:
  
  Missing Control Parameters: The error indicates that the necessary control parameters for activity allocation are not set up in the system. This could include missing settings in the controlling area, cost center, or activity type.
  Incorrect Configuration: The configuration for activity types, cost centers, or internal orders may not be complete or may have been incorrectly defined.
  Master Data Issues: The relevant master data (like cost centers, activity types, etc.) may not be properly maintained or may be missing.
  Period Closure: If the period is closed in the controlling area, it may prevent