Creation of item-R12.1.1-Error

Hi,
In Release 12(Version 12.1.1.)when i try to create a new item, and applying a purchasing template to item i am not able to commit the item. especially while giving list price column that system wont accept the field. becoz of that i am not able to create an item. Can any one help me to solve that problem.
Regards
Zunaitha

Pl post the complete error message
HTH
Srini

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