No entered status set. No results analysis will be performed

What causes this issue?

The valuation of the order or project in results analysis depends on
the status of the object.
In this case, the object does not have an active status entered in the
valuation methods in Customizing for WIP calculation and results
analysis. Consequently, WIP calculation and results analysis cannot
find a method with which the object can be processed.

How to fix this error?

Decide whether the object should be processed in its current state
(indicated by its active status in status management) by WIP
calculation and results analysis.
If you want to process the object:
In Customizing for results analysis, choose <ZK>Period-End Closing ->
Results Analysis -> Define Valuation Methods for Results Analysis</>,
add an entry for this status, and specify how objects with this status
should be processed.
If you do not want to process the object:
This message is inconsequential for you. No follow-up actions are
necessary.
In Customizing for results analysis, choose <ZK>Period-End Closing ->
Results Analysis -> Define Valuation Methods for Results Analysis</>
and select the <LS>No valuation</> indicator. This message is then no
longer issued by the system.
Example:
In the standard system, there is normally no entry in the valuation
method for the status <ZK>CRTD</> (Created). You will therefore receive
this message for objects that only have the status <ZK>CRTD</>.

Error message extract from SAP system. Copyright SAP SE.