Set Parameter - MAC - A summary of the activity

Parameters are usually set for the system to follow during transactions. This page allows you to set parameters for the “Management Accounting” business process chain. You can specify whether the variance amount is posted to cost center as a total variance amount or as individual amounts. Some of the variance amounts maintained in the “Order Definition Settlement and Costing” business component of MAC are:

•  Cost center variance

•  Material usage variance

•  Material price variance

•  Activity usage variance

•  Activity price variance

•  Std cost revaluation variance

•  Other variances

The system saves the parameter and also updates the login ID of the user and the system date along.

Click here to know more about "Setting MAC parameters".