Itemization item 00001 does not have a cost element Message no. CKBK024

Hi,
I'm getting the following error message while working with Easy Cost Planning.
Itemization item 00001 does not have a cost element Message no. CKBK024
Can any respond immediately on this.
Required information of this issue:
Costing Variant (std): PS06
Material Valuation: 4 Planned Price, 2 Std Price, 3 Moving Average Price.
Activity Types/Processes: 1 plan Price for the Period, 6 Most Up-to-date Plan Price.
CO Version Plan/Actual
Sub Contracting: 3 Net Quotation Price.
Quotation In Purchasing : Actual Quota Arrangement
External Processing: 3 Net Quotation Price, 4 Gross Quotation Price
OverHead: No Assignment
And Work Center defined fine had the assignment of Activity type and Cost Center.
In KP26, activity type rate defined for period in combination with Cost center and Activity Type.
Then what would be the problem, pl respond immediately.
Vemula

Hi Friends,
I, my self resolved the issue. by considering the following 3 rd strategy in
For Activity Type/Processes: Considered 3rd strategy as below:
Activity Types/Processes: 1 plan Price for the Period, 6 Most Up-to-date Plan Price
and 2 Plan Price as Average of All Fiscal Year Periods.
Now it has been resolved.
Thanks all.
Now it is closed.
Vemula

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