No authorization to change data from profit center &1

What causes this issue?

You need authorization object K_WIP_PC to be able to change the WIP and
results analysis data of the objects from profit center &V1&. This
authorization object is not assigned to you.

System Response

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

How to fix this error?

Procedure for System Administrators

If you want to change the data of the objects from this profit center,
assign authorization object K_WIP_PC to the user with activity Change
(02) for profit center &V1&.

Error message extract from SAP system. Copyright SAP SE.