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    The Master Data

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    abby
    Master data refers to key reusable information about customers, vendors, items, and other core reference data that forms the foundation of business documents and transactions in an enterprise system. It includes data on business partners' contact details, tax info, and terms, as well as item details like prices, sales units, and inventory stock levels. Maintaining accurate and consistent master data increases productivity, ensures data quality, and reduces errors across the whole system.

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    The Master Data

    Uploaded by

    abby
    77 views10 pages
    Master data refers to key reusable information about customers, vendors, items, and other core reference data that forms the foundation of business documents and transactions in an enterprise system. It includes data on business partners' contact details, tax info, and terms, as well as item details like prices, sales units, and inventory stock levels. Maintaining accurate and consistent master data increases productivity, ensures data quality, and reduces errors across the whole system.

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    SAP

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    Master data refers to key reusable information about customers, vendors, items, and other core reference data that forms the foundation of business documents and transactions in an enterprise system. It includes data on business partners' contact details, tax info, and terms, as well as item details like prices, sales units, and inventory stock levels. Maintaining accurate and consistent master data increases productivity, ensures data quality, and reduces errors across the whole system.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    77 views10 pages

    The Master Data

    Uploaded by

    abby
    Master data refers to key reusable information about customers, vendors, items, and other core reference data that forms the foundation of business documents and transactions in an enterprise system. It includes data on business partners' contact details, tax info, and terms, as well as item details like prices, sales units, and inventory stock levels. Maintaining accurate and consistent master data increases productivity, ensures data quality, and reduces errors across the whole system.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Master Data 39.03.

    2020
    What is Master
    Data?
    Master Data is the
    strength of the data
    foundation that runs the
    enterprise.
    Master Data using SAP
    • SAP Business One tracks business activities using documents
    such as purchase orders, invoices, production orders, sales
    orders, and so on. Each of these documents is constructed from
    smaller reusable chunks of data called master data. Creating
    documents from master data increases productivity, ensures data
    consistency, and reduces errors.
    • Master data refers to the key information that describes your
    customers, vendors, and leads as well as items that your company
    buys and sells.
    Business Partner Master Data
    Types of
    Master
    Data
    Item Master Data
    Business LEAD CUSTOMER
    Partner
    Master
    Data

    VENDOR/SUPPLIER
    Business
    Partner Master
    Data Diagram
    Business partner information typically includes
    • Company details, including addresses and telephone numbers
    • Business partner contact persons, including telephone
    numbers and E-mail addresses
    • Logistic details
    • Tax information
    • Accounting information
    • Details of payment terms
    Item Master Data

    Inventory Item Sales Item Purchase Item Fixed Asset


    Item
    Item Master Data
    SAP Business One, therefore, provides optimum support for your business
    processes. In Sales, it helps you create orders, delivery notes, and outgoing
    invoices because prices, sales units and gross profit calculate automatically.
    Using the item data in the system, you can optimize stockholding. You have
    complete control over stock quantities at all times and can also analyse the
    financial aspects of stockholding at the same time. The system allows you to
    control production based on the items that are used for production and based
    on the finished product and any by-products created.
    Use the general area to maintain general item information relevant for all types
    of items. The Item Master Data consists of the general area and seven tabs.
    Each tab enables you to manage sales and purchase items, warehouse items,
    and planning data for MRP and Production.
    Most software systems have lists of data that are
    shared and used by several of the applications
    that make up the system.
    Key Points
    to For example, a typical ERP system as a minimum
    will have a Customer Master, an Item Master,
    Remember and an Account Master. This master data is often
    one of the key assets of a company.
    !
    Both Financial Accounting and Purchasing use
    vendor master data. General data and data
    relevant to both departments is stored in shared
    master records to avoid duplication.

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