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Category:Master data: Difference between revisions
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Master Data in SAP refers to the key business information that is used across different modules and processes within the SAP system. Master data is essential for the functioning of various transactions, and it serves as a foundation for processing and reporting business transactions. In essence, master data defines the objects that are central to business operations, such as customers, vendors, materials, and employees. | Master Data in SAP refers to the key business information that is used across different modules and processes within the SAP system. Master data is essential for the functioning of various transactions, and it serves as a foundation for processing and reporting business transactions. In essence, master data defines the objects that are central to business operations, such as customers, vendors, materials, and employees. | ||
'''Key Characteristics of Master Data:''' | |||
# Consistency: Master data is used across multiple SAP modules, so it needs to be consistent and accurate throughout the system. | |||
# Stability: Master data changes infrequently compared to transactional data, which changes with every business transaction (e.g., order, invoice). | |||
# Centralized: Master data is often centrally managed and can be shared across different departments and systems. | |||
# Cross-Functional: Master data is critical for several business functions, including sales, procurement, production, accounting, and human resources. | |||
Latest revision as of 15:04, 27 December 2024
Master Data in SAP refers to the key business information that is used across different modules and processes within the SAP system. Master data is essential for the functioning of various transactions, and it serves as a foundation for processing and reporting business transactions. In essence, master data defines the objects that are central to business operations, such as customers, vendors, materials, and employees.
Key Characteristics of Master Data:
- Consistency: Master data is used across multiple SAP modules, so it needs to be consistent and accurate throughout the system.
- Stability: Master data changes infrequently compared to transactional data, which changes with every business transaction (e.g., order, invoice).
- Centralized: Master data is often centrally managed and can be shared across different departments and systems.
- Cross-Functional: Master data is critical for several business functions, including sales, procurement, production, accounting, and human resources.
Pages in category "Master data"
The following 3 pages are in this category, out of 3 total.
