How To Fix WM274 - A value should be entered for default valuation class

SAP Error Message - Details

• Message type: E = Error

• Message class: WM - IS-R Assortments

• Message number: 274

• Message text: A value should be entered for default valuation class

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message WM274 - A value should be entered for default valuation class ?

  The SAP error message WM274 ("A value should be entered for default valuation class") typically occurs in the context of Warehouse Management (WM) when there is a missing or incorrect configuration related to the valuation class of materials. This error is often encountered during processes such as goods movements, inventory management, or when trying to create or modify material master records.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Valuation Class: The material master record does not have a valuation class assigned. The valuation class is essential for determining how the material is valued in financial accounting.
  Incorrect Configuration: The configuration settings in the system may not be set up correctly, leading to the system not being able to determine the valuation class.
  Material Type Settings: The material type associated with the material may not have a default valuation class defined in the configuration.
  
  Solution:
  To resolve the WM274 error, you can follow these steps:
  
  
  Check Material Master Record:
  
  Go to the material master record (transaction code MM03).
  Check the Accounting view and ensure that a valuation class is assigned to the material.
  If it is missing, you can update the material master record (transaction code MM02) to include the appropriate valuation class.
  
  
  
  Review Material Type Configuration:
  
  Use transaction code OMWB to check the configuration of the material type.
  Ensure that the valuation class is defined for the material type you are using.
  
  
  
  Check Valuation Class Settings:
  
  Go to transaction code OBYC to review the settings for automatic postings.
  Ensure that the valuation class is correctly mapped to the appropriate general ledger accounts.
  
  
  
  Consult with SAP Basis or Functional Consultant:
  
  If you are unsure about the correct valuation class or how to configure it, consult with your SAP functional consultant or Basis team for assistance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Valuation Class: This is a key field in the material master that determines how the material is valued in financial accounting. It is linked to the general ledger accounts for inventory and cost of goods sold.
  Material Types: Different material types (e.g., raw materials, finished goods) have different settings and may require specific valuation classes.
  Transaction Codes:
  
  MM01: Create Material
  MM02: Change Material
  MM03: Display Material
  OBYC: Automatic Postings
  OMWB: Configure Material Types
  
  
  
  By following these steps and understanding the underlying causes, you should be able to resolve the WM274 error effectively.