what is the difference between master data and config data ??

Answer Posted / shekhar patel

master data contains standard information and it used to post the transactions.
Transaction data contains values or data relating to day to day transactions.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Where does TDS codes maintain and which fields are updated for TDS calculation for invoice/Advance

2068


what is cr in sap

21045


What is the use of account payable in fi? How it is related to g/l?

576


Differentiate between the parking and the holding of documents? : fi- general ledger

601


While we are doing data migration, how you upload partially closed invoices.

1937






What is chart of account?

681


What is a chart of accounts?

599


Am a Sap Fi trainee learning the process, i came across a topic Foreign currency valuation. my doubt is whether foreign currency valuation and foreign currency revaluation is one and the same?

1072


What is known as a depreciation run in sap? : fi- asset accounting

607


What are the two options for entering plan data? : co- cost center accounting

640


what happens, in sap, when you post a goods receipt? : fi- accounts payable

640


What is partitioning characteristic in co-pa used for? : co-pa

656


How do I set a flag for a field in any table?

612


How do you define number ranges in co? : co- general controlling

643


Why do you need asset classes? : fi- asset accounting

707