SAP Message WV018 - No class type exists for application &1

Diagnosis
When you enter a plant group the system should determine a class type.However, a class type has not been maintained for application &V1&.

System Response
Prices cannot be calculated for the plant group you have entered.

Procedure
Maintain a class type for application &V1& in Customizing or removeyour plant group entry and enter a distribution chain or plant instead.