Cost planning for WBS element - error KBAPI101 (no control data for planning source)

Hello All,

I'm trying to upload some data using LSMW and below BAPI

But I'm facing error:

No control data for planning source ZLSMW / / / 2014 exists.

Message no. KBAPI101

Diagnosis

There is no control data for the transfer of planning data (for plan source ZLSMW, fiscal year 2014, system , and source version ).

System Response

Planning data cannot be transferred.

Procedure

Maintain the corresponding settings in Customizing for Cost Center Accounting.

Could you please advise what kind of issue is it and what should I do to make the LSMW work?

Thank you in advance,

Regards,

Lukasz