Cost Variance

Select the “Cost Variance” activity under the “Work Order” business component.

The “Cost Variance” page appears.

- Clicking this icon available near certain fields takes you to the help page of the respective field.

Enter the following details in the search item group box:

Item	A unique code identifying the item.
Variant	The unique code or number identifying the variant of the item.
Period From	The order start period.
Period To	The order settlement period, order settled with the specified period will be retrieved.

Click the “Get” button to retrieve the details of items having at least settled work order in the multiline.
The following details are displayed in the multiline:

Item	The unique code identifying the item.
Variant	The unique code or number identifying the variant of the item.
Description	The description of the item.

Click on any of the “Item” Data hyperlink to display the respective details in the right side of the page.

The following details are displayed in the “Work Order Summary” multiline:

Work Order	The unique code identifying the item.
Quantity	The unique code or number identifying the variant of the item.
UOM	The description of the item.
Start Date	The starting date of the work order.
Due Date	The due date of the work order.
Total Planned Cost	The total planned cost of the work order.
Total Actual Cost	The total actual cost of the work order. The actual cost is calculated after closure of the work order.
Total Variance Cost	The total variance cost of the work order.
Total Planned Material Cost	The total planned material cost of the work order.
Total Planned Actual Cost	The total planned actual cost of the work order.
Material Variance	The variance of the material.
Total Planned Activity Cost	The total planned activity cost of the work order.
Total Actual Activity Cost	The total actual activity cost of the work order.
Activity Variance	The activity variance of the work order.

For the work order selected in work order summary grid, details are displayed in Work Order Details multiline:

Work Order	The unique code or number that identifies the work order.
Placed Quantity	The planned quantity of the work order.
Actual Quantity	The actual quantity of the work order.
Type	'Type' is displayed as "Material" while displaying the output item / input item / byproduct. 'Type' is displayed as "Activity" while displaying the activity/resource related information
Item/Activity	The item or the activity of the work order. It displays the item code in the column 'Item / Activity' while displaying the item costing information. If any By / Co - product is reported, then displays the details of those items also. Displays the activity code, if activity level costing was done. Displays the activity code - resource code, if the resource level costing was done.
UOM	The code identifying the unit of measurement of the work order.
Planned	The planned material cost of the output item, input items & byproducts or activity cost.
Actual	The actual cost of the work order.
Variance	The variance of the work order.
Cost Element	The variance of the work order.
Description	The Item or activity description.
Variant	The code identifying the variant of the item.