First carry out Customizing for line item archiving

What causes this issue?

You attempted to start archiving CO line items (archiving object
CO_ITEM). According to the settings in Customizing there are no object
types intended for archiving CO line items.

System Response

The system cancels archiving, as no data would be archived.

How to fix this error?

To jump to the Customizing of CO line item archiving, press F5. You can
then define the object types you intend to use for archiving.

Error message extract from SAP system. Copyright SAP SE.