How To Fix VELO261 - Currency for field gross-list-price is not specified

VELO261 - Overview

• Message type: E = Error

• Message class: VELO - Vehicle Management System

• Message number: 261

• Message text: Currency for field gross-list-price is not specified

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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VELO261 - Details

• The SAP error message VELO261 indicates that the currency for the field "gross-list-price" is not specified in the relevant context. This error typically arises in scenarios involving pricing, such as when creating or updating a material master record, sales order, or other related documents where pricing information is required.
  
  Cause:
  
  Missing Currency Specification: The currency for the gross list price has not been defined in the relevant master data or transaction.
  
  Configuration Issues: There may be issues in the configuration of the pricing procedure or the currency settings in the system.
  Data Entry Errors: The user may have omitted the currency field while entering data.
  
  
  Solution:
  
  
  Check Master Data:
  
  Ensure that the currency is specified in the material master record or the relevant master data where the gross list price is being used.
  Navigate to the material master (transaction code MM02) and check the "Sales Organization Data" or "Purchasing Data" views to ensure the currency is set.
  
  
  
  Review Pricing