Dynamic Hierarchy Error : ActiveX can't create an object

Hi Experts,

I am hoping that one of you might be able to help me...

BPC-MS 7 sp4 on sql2008... This is a financial consolidation Appset which was copied from SAP_IFRS Appset.

Basically when I try to open u201CManage Dynamic Hierarchyu201D I get error: "ActiveX can't create an object" and followed by: "Dynamic Hierarchy suppport is not available for current application, You might enable it by providing an ownership type cube name in the Org_OwnershipCube application parameter".

I can input data fine into the ownership cube but unable to use Dynamic Hierarchy. I have tried adding and removing Org_OwnershipCube parameter from the consol App but still it doesnu2019t seem to help...

Another thing is that I have also tried using the Dynamic Hierarchy Editor on SAP_IFRS Appset and it also gives the same error.

Any suggestion will be greatly appreciated.

Thanks,

Teko