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

At the time of creating GRN can I mention business area?

1952


You want to revalue the production orders using actual activity prices. Is there any configuration setting?

595


What is the importance of good received/ invoice received clearing account?

605


could you plz help me understanding or give an example about the accounting treatment "journal entry" in MM business cycle at the following : 1- When goods receipt 2- when MODVAT are Captured 3- Invoice varification 4- vendor payment and please how i could revers an entry when material is rejected thanks

1783


How many normal and special peroids can be there in a fiscal year? What is the use of special periods?

565






When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?

599


What are the kinds of assets in sap? : fi- asset accounting

711


How do you manage the credit limit for the customer in fi?

582


Which interface controls what is shown on the p.c.?

688


What are characteristics values? : co-pa

618


What is a parallel currency?

630


integration between FI-MM,FI-SD.FI-PP

1937


What is known as an exchange rate spread?

660


Explain about sap fico?

583


How does postings happen in mm during special periods?

716