SAP Message WX002 - No valuation area could be determined for plant &

Diagnosis
The system could not determine a valuation area for plant &V2& inclient &V1&.

System Response
The system cannot determine the company code currency for the plant ifit does not have a valuation area.

Procedure
Check whether this plant is an industry plant or a retail plant.
If it is a retail plant, maintain the valuation area. In the retailenvironment, the plant and valuation area are identical, i.e. the plantnumber and the valuation area numbers are the same.
You can also enter and assign the valuation area in Customizing.
Once a valuation area has been assigned to the plant, you can maintainthe POS currency or restart the report.