Error occured in accounting message - Controlling cockpit

Hi All,
I have an item / Cproject and a project in PS linked to it. After the role requirement is done, system gives following messages in the PPM system.
Error occurred in accounting - check the costing in the ERP system  Display Help
Maintain an activity type for cost/revenue rate R1
Maintain an activity type for cost/revenue rate ZB_ENG_S_TCAS
For last 2 messages I know that the activity type assignment to cost/revenue rate is needed. But for first message when I go to correct the entry in controlling cockpit it gives a message - Enter a valid value for the settlement type.
The settlement rule was created for PS project with settlement type FUL. Still this message is not getting cleared from the RPM system and from the controlling cockpit even after precessing it.
Can any one please let me know what can be done to solve this?
Regards,
Gaurav

Hi Yemi,
Controlling cockpit is accessed to view the error details in the accounting integration. This can be accessed through two ways.
1) In Project-->Accounting tab
2) Through tcode - COCPCPR
You can try the second method to view the error details.
And coming back to your query on project profile config in PS, as Pramod said, by standard SAP delivers a standard profile in SAP PS for cProjects-->PS integration. You can find the same in the below SPRO path.
Project System-->Structures-->Operative structure-->Work Breakdown structure(WBS)-->Create Project profile
Project profile name : CPR0001
This project profile is used when an automatic PS project is created through accounting integration.
Hope this helps.
Regards,
Ravi

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    Hi Yemi,
    Controlling cockpit is accessed to view the error details in the accounting integration. This can be accessed through two ways.
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    2) Through tcode - COCPCPR
    You can try the second method to view the error details.
    And coming back to your query on project profile config in PS, as Pramod said, by standard SAP delivers a standard profile in SAP PS for cProjects-->PS integration. You can find the same in the below SPRO path.
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