Variant is a group of settings which used for execution of operations in system or for assignments to company code. SAP provided standard variants, as per the requirement client specific variants can be created.
The variant principle is a combination of three steps as shown below:
- Create variant
- Maintain values in the variant
- Assignment to a company code
In SAP FI, we use variant to make assignments of the following objects to company codes:
- Posting period variant
- Field status variant
- Fiscal year variants
Posting Period Variant
Posting period variant is used to open and close accounting periods for each account type or for all account types. Here are the available account types:
- Account type A for Assets
- Account type D for Customers
- Account type K for Vendors
- Account type M for Materials
- Account type S for G/L accounts
- Account type V for Contract accounts
- Account type + is valid for all account types
SPRO – SAP reference IMG – Financial Accounting (New) – Financial Accounting Global Settings (New) – Ledgers – Fiscal Year and Posting Periods – Posting Periods – Define Variants for Open Posting Periods, Assign Variants to Company Code, Open and Close Posting Periods
OBBO, OBBP, and OB52.
T010O (Posting Period Variants), T001B (Permitted Posting Periods), T001 (Company codes).
1. Define variant
2. Assign variant to company code
3. Maintenance of posting periods
In the above screenshot, From Per.2 is used to open special postings periods
Field Status Variant
Field status variant is used to group several fields into one field status group. In the field status group a field can be defined as Suppress/Required/Optional. Field status group maintain in the G/L account master data.
SPRO – SAP reference IMG – Financial Accounting (New) – Financial Accounting Global Settings (New) – Ledgers – Fields – Define Field Status Variants, Assign Company Code to Field Status Variants
OBC4 and OBC5
T004V (Field Status Variant), T001 (Company codes)
1. Define field status variant. Copy the variant 0001 to ABCD. Next, changes can be done in ABCD.
2. Field status group copied in the field status variant ABCD.
Fiscal year Variant
Fiscal year divided into posting periods and special posting periods of a fiscal year. Each posting period is an accounting period/month. In the fiscal year variant, there are 12 periods and 4 special periods to be maintain. No postings are possible without assignment of a fiscal year variant to a company code.
A fiscal year can be year dependent or year independent. Year independent means the same as calendar year. Year dependent means the accounting year is not same as a calendar year. For example, India accounting year starts from April and ends in March.
SPRO – SAP reference IMG – Financial Accounting (New) – Financial Accounting Global Settings (New) – Ledgers – Fiscal Year and Posting Periods – Maintain Fiscal Year Variant (Maintain Shortened Fisc. Year), Assign Company Code to a Fiscal Year Variant
OB29 and OB37
T009 (Fiscal Year Variants), T001 (Company codes)
1. Create a fiscal year variant
2. Assignment of a fiscal year variant to a company code