What is master and transaction?

Question

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 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 is difference between master data and transactional data in SAP?

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 does transaction mean in database?

In a database management system, a transaction is a single unit of logic or work, sometimes made up of multiple operations. Any logical calculation done in a consistent mode in a database is known as a transaction.

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.

Expert · Answer

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.

Expert · Answer

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.

Expert · Answer

In a database management system, a transaction is a single unit of logic or work, sometimes made up of multiple operations. Any logical calculation done in a consistent mode in a database is known as a transaction.

Expert · Answer

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 master and transaction?