What are the 3 types of master data?

Question

Types of Master Data Customers. Though it may look like it's only focused on customers, the customers domain actually tracks all of the individual people and entities that drive a business. . Products. . Locations. . Others.

How many types of master data are there?

Below are the four kinds of Master Data available in SAP FICO.

What are examples of types of master data?

Customer information—such as names, phone numbers, and addresses—is an excellent example of master data. This data is less volatile but occasionally needs to be updated when a customer moves or changes their name.

Which one is the master data type?

Master data is the set of identifiers that provides context about business data such as location, customer, product, asset, etc. It is the core data that is absolutely essential for running operations within a business enterprise or unit.

What is master data?

Master data is the consistent and uniform set of identifiers and extended attributes that describes the core entities of the enterprise including customers, prospects, citizens, suppliers, sites, hierarchies and chart of accounts.

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