How To Fix KT274 - Group currency is not defined in client &V1&

KT274 - Overview

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 274

• Message text: Group currency is not defined in client &V1&

What causes this issue?

You want to use group currency (currency type "30"). Group currency is
not defined for client &V1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Change the currency type, or assign the group currency to the client.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT274 - Group currency is not defined in client &V1& ?

  The SAP error message KT274, which states "Group currency is not defined in client &V1&," typically occurs when you are trying to perform a transaction that requires a group currency, but the group currency has not been set up in the client configuration.
  
  Cause:
  
  Missing Group Currency Configuration: The primary cause of this error is that the group currency has not been defined in the client settings. This can happen if the client was newly created or if the configuration was not completed properly.
  Incorrect Company Code Settings: The company code may not have the correct settings for group currency, which can lead to this error when trying to execute transactions that involve group currency.
  
  
  Solution:
  To resolve the KT274 error, you need to ensure that the group currency is defined in the client settings. Here are the steps to do this:
  
  
  Define Group Currency:
  
  Go to the SAP Easy Access screen.
  Navigate to Transaction Code: OB22 (or