Condtion record -Price element inactive -Inactive Via Formulas or Incorrect

Hi experts,
I am trying to use pricing condition in bespoke service order. When I add product to it, I don't get the net value. When I click on product then I get all condition records but condition record with bespoke condition type are marked red and with error 'Price element inactive -Inactive Via Formulas or Incorrect'. Also on order I get error that one of the bespoke condition is missing. ( which is mandatory).
In SAP GUI when I open the order and select the condition record with click on magnifying glass I see 'Txt for condn inactive     = Inactive Via Formulas or Incor' in condition record's detail.
Any idea what is missing? I have downloaded all customizing objects and condition records in CRM.
Thank you.

The condition types are not visible in bespoke transaction. How to activate the condition types for  bespoke transaction?
Also I don't see any condition record in Product master.
Thank you.
Edited by: CRM Beginner on Mar 9, 2012 3:37 PM

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