# How to Create a Price Group

1. In the ERM **Pricing** section, go to the **Price Groups** screen.

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/2258f1c0-d2d0-485b-95a0-6616fef18590/ascreenshot_07b90f81e7b64957853422bd8381eda1_text_export.jpeg)

2. Click on the **+Create New Price Group** button.

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/2258f1c0-d2d0-485b-95a0-6616fef18590/ascreenshot_7958106ee84d4515a7ea7f2cd68c66a4_text_export.jpeg)

3. Click on the **Name** field and type in the name of the price group that is being created.

{% hint style="info" %}
In this example, we used "Test Price Group" as the name.
{% endhint %}

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/1c64541d-c015-4d32-a6f1-d5efc3b770e1/ascreenshot_4ddbbe736aaf4566a843588893a6470d_text_export.jpeg)

4. Click on the **Save** button to save the new price group.

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/c38cabbd-dc6c-4a27-a03e-1e579e3a4f72/ascreenshot_ecc7423878ca49e4b1f0e79f01a608fa_text_export.jpeg)

5.  Click on the **Back** button.

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/595df7ee-e81b-446f-b2db-37ca3e2b9792/ascreenshot_aba48b3980724448bc8a0a4edfa0e907_text_export.jpeg)

6. The new price group can be seen successfully saved and can be viewed by clicking on it.

![](https://colony-recorder.s3.amazonaws.com/files/2026-01-05/efb70aaa-1dab-4b6b-ba63-1225ab0d57f6/ascreenshot_5d868ca0cd52478d9456067a25d43448_text_export.jpeg)


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