Message SAP WV316 - Condition type &1 for application &2 is not defined

Diagnosis
Condition type &V1& and application &V2& are entered for list fieldV3 in sales price calculation schema v4 in customizing for pricing,under saving prices in sales price calculation from list fields in thepricing table.

System Response
The system cannot generate a condition record for condition type &V1&,application &V2&.

Procedure
Check your Customizing. Create condition type &V1&, application &V2&again, or alternatively, enter another maintained condition type forsaving saving the price in list field &V3& for sales price calculationschema &V4&.
Maintenancefor saving prices in sales price calculation.