What is variance type in SAP IS-R - SAP for Retail?

SAP Term: variance type

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Indicator in the Invoice Verification item overview highlighting a potential error in the invoice item. The invoice verification clerk uses the variance type as a starting point for their work.

Smart SAP Assistant

• Key Concepts: 
  Variance type is a feature of the IS-R SAP for Retail system that allows users to define different types of variances. Variance types are used to classify and track different types of variances, such as price, quantity, and quality. This helps users to better understand the root cause of the variance and take corrective action. 
  
  How to use it: 
  In order to use variance type, users must first define the different types of variances they wish to track. This can be done in the system configuration settings. Once the variance types have been defined, users can then assign each variance to one of the defined types. This will allow users to easily identify and track variances by type. 
  
  Tips & Tricks: 
  When defining variance types, it is important to consider how they will be used in practice. For example, if a user wishes to track price variances, they should consider creating separate variance types for discounts and markups. This will make it easier for users to identify and analyze these types of variances separately. 
  
  Related Information: 
  For more information on variance type in IS-R SAP for Retail, please refer to the official SAP documentation.