What is common master data?

Question

You can define common master data for the following: Distribution channels. In Customizing, you can specify other distribution channels in which the customer master data (and article master data and prices) from the reference distribution channel are also valid. Divisions.

What is master data examples?

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.

What is considered master data?

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. Otherwise, there would be no way to uniformly compare data between systems.

How many types of master data are there?

The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, employees), products, financial structures (such as ledgers and cost centers) and locational concepts.

What are all the master data in SAP?

Material Master Data. GL Master Data. Customer Master Data. Vendor Master Data.

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