How To Fix VELO426 - Currency for gross list price is not defined

VELO426 - Overview

• Message type: E = Error

• Message class: VELO - Vehicle Management System

• Message number: 426

• Message text: Currency for gross list price is not defined

What causes this issue?

The action you are executing is trying to store a gross list price for a
vehicle.

System Response

The system cannot execute this action because it cannot determine which
currency to use to store the gross list price. The gross list prices of
all vehicles have to be stored with the same currency in order to enable
a vehicle search via price.

How to fix this error?

Maintain a gross list price role "GROS" in transaction VELORO or create
an implementation of BADI VLC_CALCULATE_GPRICE to return the currency.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

VELO426 - Details

• The SAP error message VELO426, which states "Currency for gross list price is not defined," typically occurs in the context of pricing and sales order processing. This error indicates that the system cannot find a valid currency definition for the gross list price of a product or service in the relevant configuration.
  
  Cause:
  
  Missing Currency Configuration: The currency for the gross list price has not been defined in the system for the specific material or service.
  Incorrect Master Data: The material master or pricing conditions may not have the necessary currency information.
  Pricing Procedure Issues: The pricing procedure assigned to the sales document may not be correctly configured to handle the currency.
  Missing or Incorrect Condition Records: The condition records for pricing may not be set up correctly or may be missing for the relevant currency.
  
  
  Solution:
  
  
  Check Material Master:
  
  Go to the material master record (transaction code MM03) and check the sales organization data to ensure that