Master data

[Former Member]

hi to all experts,

what is a meaning of 'Maintain Master Data'.

and how many type of Data is there.

as per my knowledge it is 3 type.

1.Master Data

2.Application Data

3.Transactional Data.

please explain me what is the difference between these data

thanks in advance and reward also.

Regard:

Deep

[former_member189059]

Transaction data is data related to a single business event such as a purchase requisition. For example, when you create a requisition, SAP creates an electronic document for that particular transaction. SAP gives the transaction a document number and adds the document to the transaction data that is already in the system.

Master data is a collection of information about a person or an object, e.g. vendor or G/L account. For example, a vendor master record contains not only general information but also purchase order related information. Master data can only be entered and changed by authorized users.

[Former Member]

Hi,

Please refer below

"Transaction data is data related to a single business event such as a purchase requisition. For example, when you create a requisition, SAP creates an electronic document for that particular transaction. SAP gives the transaction a document number and adds the document to the transaction data that is already in the system.

Master data is a collection of information about a person or an object, e.g. vendor or G/L account. For example, a vendor master record contains not only general information but also purchase order related information. Master data can only be entered and changed by authorized users. "

http://searchsap.techtarget.com/ateQuestionNResponse/0,289625,sid21_cid1139682_tax295648,00.html

Hope this helps.

ashish

[Former Member]

hi deep,

as per my knowledge Master data & Transactional data are available.

Master data: is which does not change frequently.

Ex: Customer name, Address, Vendor etc..

Transactional Data: is which changes freaquently.

Ex: quantity of items, no.of items etc.

Chandra

[varma_narayana]

Hi Deep.

There are four types of Data in SAP.

1. Master Data: Eg: Material , Customer..

2. Transaction Data . Eg: Purchase Order, Invoice..

Note: Both Master and Transaction data are called as Application Data

3. Customizing or Organizational data: Eg: Company codes, Currencies..

4. System Data or Repository Data : eg : Metadata, Programs , Screens Etc..

<b>Reward if Helpful.</b>

[sreeramkumar_madisetty]

Hi Deep

<b>Transaction data</b> is data related to a single business event such as a purchase requisition. For example, when you create a requisition, SAP creates an electronic document for that particular transaction. SAP gives the transaction a document number and adds the document to the transaction data that is already in the system.

<b>Master data</b> is a collection of information about a person or an object, e.g. vendor or G/L account. For example, a vendor master record contains not only general information but also purchase order related information. Master data can only be entered and changed by authorized users.

<b>Application Data</b> Is the data used in the day-to-day Applications.

Regards,

Sree

[Former Member]

Master Data:

Master data is data that remains unchanged over a period of time. It contains information that is always needed in the same way. For example, all personal attributes can be stored in various SAP standard infotypes as records with specific validity which are called Master data.

Transaction data:

Data relating to the day-to-day transactions. Egs ATM...