Master Data

What are master data?

Questions by lilaness

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Master data is central level data in SAP. Which is stores the long term
information, which information can be accessed to perform multiple transactions
in SAP.
In SAP, every functional module has its own master data.


Functional Modules like:-
1. Financial Accounting
2. Materials Management
3. Production Planning
4. Sales and distribution
5. Quality management


What is the meaning of above used term central level data -
For example - MATERIAL MASTER DATA in SAP MM.
Material master data is used by the several departments in a company.
Purchase and stores department use master data for procurement purpose and
Inventory management purpose.


Production department use the same data for the processing of it.
Accounting department use the same material master to process vendor payables
and inventory valuations.
All these can use or access the centrally maintained Single data.
If we will go depth


Departmental requirement wise material master data is maintained in the
material master views selection.
Module wise master data –


Material Management
MATERIAL MASTER
VENDOR MASTER
PURCHASING INFO RECORD
SOURCE LIST


Production planning Master data
BILL OF MATERIAL
WORK CENTER / RESOURCE
ROUTING / TASK LIST / MASTER RECIPE
PRODUCTION RESOURCE TOOLS MASTER


Financial Accounting Master data
G/L MASTER DATA
ASSET MASTER DATA
BANK MASTER


Reward the answer if helpful


Cheers !

kirankumar

  • Nov 15th, 2018
 

My question is that how the data is useful for each module linked with materials management

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