Creating a Selection Variant for Collective Settlement 
Use
In order not to have to re-enter selection criteria for orders or operations every time, they can be saved after entry as a variant. Different variants can be used, with each individual variant providing a specific type of information.
You can use selection variants to select orders, which are collected into order groups.

If you want to use your own selection variants, make sure that you create them based on the standard SAP&PM selection variant.
Procedure
See also:
Working with Lists