How To Fix MM274 - The price group & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: MM - Messages for material master maintenance and Customizing

• Message number: 274

• Message text: The price group & does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message MM274 - The price group & does not exist ?

  The SAP error message MM274, which states "The price group & does not exist," typically occurs in the Materials Management (MM) module when the system is unable to find a specified price group in the configuration. This can happen during various transactions, such as when creating or changing a material master record, or when processing purchase orders.
  Cause:
  
  Missing Price Group: The specified price group does not exist in the system. This could be due to a configuration oversight or because the price group was deleted or never created.
  Incorrect Configuration: The price group may not have been properly set up in the system, or there may be a mismatch in the configuration settings.
  Data Entry Error: There may be a typographical error in the price group field when entering data.
  
  Solution:
  
  
  Check Price Group Configuration:
  
  Navigate to the configuration settings in SAP to verify if the price group exists.
  Use transaction code SPRO to access the configuration menu.
  Go to Materials Management > Valuation and Account Assignment > Price Control and check the settings for price groups.
  
  
  
  Create or Modify Price Group:
  
  If the price group does not exist, you may need to create it. This can typically be done in the same configuration area mentioned above.
  If the price group exists but is not set up correctly, you may need to modify its settings.
  
  
  
  Verify Data Entry:
  
  Double-check the data entry for any typographical errors. Ensure that the price group is entered correctly in the relevant fields.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines provided by your organization regarding the setup of price groups.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP's help documentation for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as MM01 (Create Material), MM02 (Change Material), and MM03 (Display Material) to manage material master data.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify price group settings.
  Testing: After making changes, perform tests to ensure that the error does not reoccur and that the system behaves as expected.
  
  By following these steps, you should be able to identify and resolve the issue related to the MM274 error message in SAP.