Cost center & not set up in controlling area & on &

What causes this issue?

You are attempting to assign a work center to a cost center that has
not been set up in controlling area &V2&.

How to fix this error?

Assign the work center to a cost center that has been created in
controlling area &V2& or
enter the desired cost center in controlling area &V2& within cost
center accounting. If you do not have authorization to use this
program or to set up a cost center, contact your system
administrator.

Error message extract from SAP system. Copyright SAP SE.