In this activity you are assigning the profit center standard hierarchy already created to the Controlling Area. If it is not created, the system will created for you. You should know that once entered, the profit center hierarchy could not be changed if you have transactional data. If you still do not have transactional data, then you should remove all assignments to this hierarchy.
Transaction Code: S_E38_98000135
IMG Path: Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> Profit Center -> Define Profit Center Standard Hierarchy in Controlling Area
After opening the transaction, find your Controlling are and fill your hierarchy. After entering the name of the hierarchy Area.