SAP Conference Overview


Overview of Variances in SAP S/4HANA


A variance is an indicator of non-conformance against a specific target quantity or amount. Variances occur in a variety of situations and require different tools to view and reconcile these variances.  Posted differences usually depend on a standard value that has been set for the transaction.  Understanding where these standard values are derived is important to managing the variances. Configuration is important to ensure that posted variances are real and to prevent having to do extra work at the end of the fiscal period to understand what the “true” variances are. We'll cover:

  • Overview of configuration tasks
  • Exploration of the different types of variances that can be seen in SAP
  • Variable and fixed costs and how these impact variance determination
  • Tools in S/4HANA that can be used to manage variances
  • Managing variances in the production environment

Register today and learn about variance configuration and categories

Tom King

Tom King recently retired from Milliken and Company, a leading manufacturer of specialty textiles, floor covering, and chemicals based in Spartanburg, South Carolina with global manufacturing facilities, where he was a Senior Business Analyst. He has more than 30 years of experience at Milliken in manufacturing and product costing. Tom was lead CO analyst involved with the SAP implementation worldwide. He has written three SAP books: Practical Guide to SAP CO Templates, SAP S/4HANA Product Cost Planning Configuration and Master Data, and SAP S/4HANA Product Cost Planning Costing with Quantity Structure 

» Phone: +1 (619) 254-5002