In this step, you define the tolerance limits for price variances.
When processing a purchase order, the system checks whether the effective price of a PO item shows variances compared with the valuation price stored in the material master record. In addition, it checks whether the specified cash discount value is admissible.
Variances are allowed within the framework of tolerance limits. If a variance exceeds a tolerance limit, the system issues a warning or error message.
In the SAP System, the types of variance are represented by the tolerance keys. For each tolerance key, you can define percentage and value-dependent upper and lower limits per company code.
The standard SAP System supplied contains the following tolerance keys:
You can specify whether the system message appears as a warning or error message using the menu options Environment -> Define Attributes of System Messages.
Maintain the tolerance limits for each tolerance key per company code.