When you open an AO template from BPF, the error "Characteristic XXX has no master data for YYY or you don't have authority" displays even you have the correct authorization assigned.
The SP level of your Analysis Office is on or newer than 2.6 SP1 as instructed by the KB 2651914.
Embedded model of SAP BusinessObjects planning and consolidation 10.1 ,version for SAP NetWeaver.
Embedded model of SAP Business Planning and Consolidation 11.0, version for SAP BW/4HANA.
KBA , BW-PLA-BPC-BPF , BPC 'embedded model' - Business Process Flow , Problem
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