The profit center standard hierarchy is &1

What causes this issue?

You can only copy the standard hierarchy from Cost Center Accounting
if both hierarchies have the same name.

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?

Copy a different group or
<DS:SIMG.SIMG_CFMENUORK10KE5>change</> the name of the standard
hierarchy.

Error message extract from SAP system. Copyright SAP SE.