In order to prepare your course to accept Panopto recordings it must be provisioned first. This needs to be done for each individual course that you want to add recordings to. You must be an instructor of the course to follow these steps for Provisioning your course.
Go to the Moodle course that you want to use with Panopto.
Locate the Panopto block (typically located on the right at the very bottom)
Click Provision Course and you will be taken to a confirmation page
Click Back to course which will take you back to your Moodle course home page.
Now your Moodle course is configured for use with Panopto. By default your students are all set up with VIEW access.
For more information on Recording with the PC see the link below.