No valuation exists

What causes this issue?

You tried to perform valuation in CO-PA. However, no valuation strategy
has been assigned to operating concern <ZH>&V1&</> for point of
valuation <ZH>&V2&</>, record type <ZH>&V3&</> and plan version
<ZH>&V4&</>.

System Response

No valuation can be performed.

How to fix this error?

If you want to perform valuation, you must define a valuation strategy
in <DS:SIMG.SIMG_CFMENUORKEKE4U>Customizing for Profitability
Analysis</> and assign it to point of valuation <ZH>&V2&</>, record
type <ZH>&V3&</> and plan version <ZH>&V4&</>.

Error message extract from SAP system. Copyright SAP SE.