In this FICO configuration activity we are able to make default settings for cost element accounting in CO module.
Transaction: OKB2
IMG Path: Controlling -> Cost Element Accounting -> Master Data -> Cost Elements -> Automatic Creation of Primary and Secondary Cost Elements -> Make Default Settings
Tables: TKSKA, T004, T004T
On the pre-selection screen you will have to choose a chart of accounts.
Following is how the main screen is looking like.