Meta data,Transaction data and Master data

[Former Member]

Hi all,

Could you plz make me clear exactly wht does Meta data,Transaction data and Master data mean and the differences

[Former Member]

Hi Ganesh,

<b>MASTER Data</b> is the data that exists in the organization like employee details, material master, customer master, vendor master etc. These are generally created once.

Master data are distributed throughout the company, they are often not standardised and often redundant. As a result it is very costly to offer efficient customer service, keep track of supply chains and make strategic decisions. With SAP Master Data Management (SAP MDM) these important business data from across the company can be brought together, harmonised and made accessible to all staff and business partners. As a key component of SAP NetWeaver, SAP MDM ensures data integrity via all IT systems.

Regardless of the industry, companies often work with different ERP and Legacy systems. The result: the business processes are based on information about customers, partners and products which is displayed in different ways in the systems. If the data are recorded manually, there are more inconsistencies: some data sets are entered several times, others cannot be retrieved by all divisions of the company.

As corporate applications are becoming increasingly complex and produce ever greater amounts of data, the problem is intensified further. Nevertheless, your employees must work with the inconsistent data and make decisions on this basis. The lack of standardised master data easily leads to wrong decisions, which restrict efficiency and threaten customer satisfaction and profitability.

In a word: in order to save costs and ensure your company’s success it is necessary to consolidate master data about customers, partners and products, make them available to all employees beyond system boundaries and use attributes valid company-wide for the purpose of description.

<b>TRASNACTION Data</b> - These are the business documents that you create using the master data - Purchase orders, sales orders etc

http://help.sap.com/saphelp_nw2004s/helpdata/en/9d/193e4045796913e10000000a1550b0/content.htm

Regards,

Santosh

[Former Member]

Meta data - Data about the data meaning, data that contains details of the structure, database tables objects etc.

Master Data - Material, customer, vendor, G/L account etc - this is the data without which you cannot do any transactions and is mandatory for every organizations

Transaction data - these are transactions that you do on a day to day basis - PO, SO etc ec

Regards,

Ravi

Note - Please mark all the helpful answers

[Former Member]

Hello,

META data is nothing but Data about Data .

A good example for this is ABAP Dictionary. Which will provide the information about the data in the RDBMS.

Transactional Data : Transactional Data are those data which oftenly changes and they are not constant. These data are created/modified out of an application transaction.

Eg : sales order

Master data : Master Data is the Data which does not change more frequently.

Eg: Company Codes

Thanks,

Krishnakumar

[Former Member]

Hi Ganesh Paisa ,

<b>Meta data</b> --> data about data ......... Imagine trying to find a book in the library without the help of a card catalog or computerized search interface. The information contained in these types of systems is essentially metadata about the books housed at that library or other libraries.The metadata describes the who, what, when, where, why, and how about a data set. Without proper documentation, a data set is incomplete.

<i><b><u>Metadata is Important for</u></b></i> --> Metadata is critical to preserving the usefulness of data over time. For instance, metadata captures important information on how the data were collected and/or processed so that future users of that data understand these details. Another vital function metadata serves is as a record in search systems so that users can locate data sets of interest.

<b>

Transactional data:</b>

data on every transaction are transactional data ... for example u generally do banking transactions hourly, daily, weekly, monthly etc., the transactions are so huge and the informations are critical ...

say for eg., a person 'P1' having account in bank 'B1' and he does 3 transactions (taking some amount/putting some amount/ATM transaction) all these three entries for the same person at the same bank on the same day will be there in the database

and .....

<b>Master data:</b>

Person P1 , Bank B1 etc., are master data from the name itself its clear that transactional data / meta data will be based on these master data only ...........

They are created once and will not be changed frequently .....

Hope this helps!!

Cheers

Kripa Rangachari......

[Former Member]

hi

good

META DATA ->

The Defining Metadata process contains configuration tasks that the implementation team performs.

Metadata is required to classify and categorize documents in follow-on processes. For example, metadata can be used to automatically sort documents into categories and during searches.

The Defining Metadata process contains configuration tasks that the implementation team performs.

http://www.serverenterprise.co.uk/pdfs/issues.pdf

TRANSACTION DATA->

http://www.getgamma.com/download/LC_datasheet.pdf

http://help.sap.com/saphelp_nw04/helpdata/en/22/ef1940d4558f5ce10000000a155106/content.htm

MASTER DATA->

http://en.wikipedia.org/wiki/SAP_Master_Data_Management

THANKS

MRUTYUN^

[jayanthi_jayaraman]

Hi,

Meta Data: Data about Data

Master Data: Data that seldomly change.

Transaction Data:Data which changes frequently.

[Former Member]

Hi ganesh,

1. It can be best understood with some example

2. Company Master, Material Master --- MASTER DATA

Purchase order, Goods Receipt - TRANSACTION DATA

(This data gets created in a routine fashion by the users,

and also uses some portion of the master data)

Technical details of Table

viz Fieldnames, Field Length, Data element name, Dataclass etc - METADATA

(Metadata is for developer purpose only, and not used by users)

regards,

amit m.