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A Item Variant is a different version of a Item, such as differing sizes or differing colours. Without Item variants, you would have to treat the small, medium and large versions of a t-shirt as three separate Items; Item variants let you treat the small, medium and large versions of a t-shirt as variations of the same Item.
To use Item Variants in ERPNext, create an Item and check 'Has Variants'
- The Item shall then be referred as a 'Template'
On selecting 'Has Variants' a table shall appear. Specify the variant attributes for the Item in the table. In case the attribute has Numeric Values, you can specify the range and increment values here.
Note: You cannot make Transactions against a 'Template'
To create 'Item Variants' against a 'Template' select 'Make Variants'
To learn more about setting Attributes Master check Item Attributes