Message no. FI313 - FM Issue

Dear FM Experts,
While posting Travelling Expense through HCM we are getting below Funds Management Error:
No funds center entered/derived in item 00010 (HP01//)
Message no. FI313
Diagnosis
In company code (&2) the component Funds Management is active. This requires the entries or the derivation of a funds center.
You can use the following elements to derive the funds center: company code HP01/ account  or CO object .
Procedure
Enter a funds center or ensure that the funds center can be derived from the possible assignments by:
assigning a funds center in the commitment items- master record or maintaining the assigning of a funds center to the CO object.
Kindly guide how to resolve the issue?
Regards,
Zain Bashir

Please search in SCN using the search facility Google Custom Search- SAP Community Network Search
I got may threads regarding the message.
Additionally check the sap note Note 1268001 - FI313 - No funds center entered/derived in item &.

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              >weblogic.servlet.internal.ServletRequestImpl.execute(ServletRequestImpl.java
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              > at weblogic.kernel.ExecuteThread.execute(ExecuteThread.java:137)
              > at weblogic.kernel.ExecuteThread.run(ExecuteThread.java:120)
              >>
              >
              >
              

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