What is variance variant in SAP CO - Controlling?

SAP Term: variance variant

• Component: CO

• Component Name: Controlling

• Description: A parameter that determines the variance categories that are calculated.

Smart SAP Assistant

• Key Concepts: 
  Variance variant is a feature in SAP Controlling (CO) that allows users to define the characteristics of a variance calculation. It is used to determine the differences between actual and planned costs or revenues. Variance variants are used to define the criteria for calculating variances, such as the cost element, cost center, and period. 
  
  How to use it: 
  To use variance variants, users must first create a variance calculation key in the system. This key is used to define the characteristics of the variance calculation, such as the cost element, cost center, and period. Once the key is created, users can then create a variance variant. The variance variant is used to define the criteria for calculating variances, such as the cost element, cost center, and period. 
  
  Tips & Tricks: 
  When creating a variance variant, it is important to ensure that all of the necessary criteria are included in the definition. This will ensure that all of the necessary data is included in the variance calculation. Additionally, it is important to ensure that all of the criteria are consistent across all of the variance variants in order to ensure accurate results. 
  
  Related Information: 
  For more information on variance variants in SAP Controlling (CO), please refer to SAP Help documentation or contact your local SAP support team.