What is master data and transaction data in SAP?
- What is the main difference between master data and transaction data?
- What are transactional data in SAP?
- What is considered as master data in SAP?
- What is the difference between the master data and transaction data of supply chain?
What is the main difference between master data and transaction data?
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 are transactional data in SAP?
Transaction data are business documents which are created using master data ie. sales orders. Data relating to the day-to-day transactions. Transactional Data is not constant and can be changed quite often. Example of Transaction data: production details, daily transactions etc.
What is considered as master data in SAP?
Master data − Data that is created centrally, and is valid for all applications. It remains constant over time but we need to update it on a regular basis. For example: Vendor is a type of master data that is used for creating purchase orders or contracts.
What is the difference between the master data and transaction data of supply chain?
Master Data & Transactional Data Master data should be heavily governed and does not typically change that often. Transactional data is the data resulting from the day to day happenings in the supply chain.
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