MASTER DATA
A data which is valid for all applications within an organization is known as MASTER DATA. This data is responsible for the creation of TRANSACTIONAL DATA.
There are several types of MASTER data i.e.
1. MATERIAL MASTER DATA
2. VENDOR MASTER DATA
3. CUSTOMER MASTER DATA
4. WAREHOUSE MASTER DATA
5. PRICING MASTER DATA
In this topic, we will be studying about only MATERIAL & VENDOR MASTER DATA. First, we will take some summary of these master data.
MATERIAL MASTER
The core master data in a company is material master data. This data includes various details of a material which is a company that can procure, manufacture, store and sell. This master data having a specific tab to store data about specific operations such as production, sale, marketing, finance, quality, storage, costing, and many more.
The following topics regarding MATERIAL master data will be cover in this practice.
1.MATERIAL TYPE CREATION
2.DEFINE NUMBER RANGE & ASSIGNMENT OF NUMBER RANGE TO MATERIAL TYPE.
3.MATERIAL GROUP CREATION.
4.MATERIAL MASTER CREATION
VENDOR MASTER DATA
The second most important master data in SAP MM is vendor master data .This data includes the following details , accounting details and purchasing details.
The following topics regarding VENDOR master data will be cover in this practice.
1.VENDOR GROUP CREATION
3.VENDOR MASTER CREATION
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