What is difference between master and transaction table?

What is the difference between master data and transaction data?

Master and transactional data Transactional data relates to the transactions of the organization and includes data that is captured, for example, when a product is sold or purchased. Master data is referred to in different transactions, and examples are customer, product, or supplier data.

What is master and transaction?

The main difference between master data and transaction data is that the master data is the data that represent people, places or things that are related to an organization whereas, the transaction data is the data used by the master data. Data is important to every business organization.

What is master data and transaction data in SAP?

master data :data which is seldomly changed. example is data which is there in address like name ,address and telephone number. transaction data : this data will change frequently .example is goods in ware house data which change after every purchase order.

What are the master tables?

The tables that hold the records containing general information about the participants or objects of transactions within a module. In General Ledger the master table contains the account names, numbers, and balances.