Answer Posted / Preeti Pawar
Master data documentation is a set of guidelines or standards that describe how to create, maintain, and manage master data within an organization. Here's an example of what master data documentation for a customer entity may look like:
1. Customer ID: A unique identifier for each customer.
2. First Name: The customer's first name.
3. Last Name: The customer's last name.
4. Address: The customer's physical address, including street, city, state, and zip code.
5. Email: The customer's email address.
6. Phone Number: The customer's primary phone number.
7. Account Number: A unique identifier for the customer's account in the system.
8. Credit Limit: The maximum amount of credit that the customer is allowed to have with the organization.
9. Payment Terms: The payment terms agreed upon by the customer and the organization, such as due date, grace period, and late fees.
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