Valuation with material cost estimate: error with product "&1"

What causes this issue?

In Profitability Analysis (CO-PA), the system tried to valuate a line
item using the <ZH>future standard cost estimate</>.
In order to determine the <ZH>future plan period</>, the system needs
to read the valuation segment of the material master.
The system has found that the future plan period is not filled for
product <ZH>"&V1&"</> in plant <ZH>"&V2&"</>.

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

<DS:TRAN.MM03>Display material (View: Costing)</>
The system looked for the material cost estimate using costing key
<ZH>"&V3&"</>, as defined in the
<DS:SIMG.SIMG_CFMENUORKEKE40>Customizing settings</> for CO-PA.

System Response

The document cannot be processed.

How to fix this error?

Contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.