Marking not authorized for period &1 / &2 in company code &3

What causes this issue?

In &v4&, the following was determined:
You are trying to mark materials for period &V1& / &V2& and company
code &V3&, although marking has not been allowed for this.

How to fix this error?

If you have the authorization to do so, you must first of all allow
marking for a costing variant that is provided for in &v4&, as an
organizational measure for the period &V1& &V2& in company code &V3&.
<DS:TRAN.CK22>Check Organizational Measure</>
If you click on the <DS:GLOS.3526B800AFAB52B9E10000009B38F974>company
code</> or <DS:GLOS.3526B778AFAB52B9E10000009B38F974>valuation view</>
in the list screen of the organizational measure, either the permitted
standard cost estimate variants are displayed, or, if marking has not
yet been allowed, you receive a request to carry out the organizational
measure.

Error message extract from SAP system. Copyright SAP SE.