How can we create Versions for Products in SAP CRM

Hi All,
We want use Product Versions in our CRM IC Webclient. We want to be able to select a product and then have a list of versions to pick from. Can anyone tell me if they have configured Versions for Products in their SAP CRM system. If yes, then how did you go about it.
Thanks,
Ramesh Nallabelli

Hi Arup and Shanthala,
Thanks for the prompt responses. Appreciate your help. We want to create Product versions like this: Product: Windows OS Version: 95, 98, XP, Vista, 7, etc.
When I try to create a configurable product, using the Configuration tab, to create or use a product model I see an error message: PME installation with errors The long text is: The environment variable PME_HOME that includes the PME application has to exist locally in order to start the PME from CRM.
This indicates the configuration of IPC in our CRM system. This is something that we have not undertaken so far.
When I use the Poduct Variants tab to create a product variant for a configurable product, I can't edit here. This view opens in a display only mode. After reading some more about this, It looks like variant configuration needs to be used in tandem with ERP variant configuration. There might also be a need to recreate this in the Java configuration engine. We are going to create these products in CRM only, so this might not work for us.
Regards,
Ramesh

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