Describe the difference between ‘master data’ and ‘transaction data’ in SAP.

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Answered by suresh

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Difference between 'master data' and 'transaction data' in SAP

The Difference between 'Master Data' and 'Transaction Data' in SAP

In SAP, 'Master Data' refers to the data that remains relatively constant and is used as a reference or template for various transactions. It includes information about customers, products, vendors, employees, etc.

On the other hand, 'Transaction Data' in SAP is the data generated as a result of day-to-day transactions or business processes. It is dynamic and changes frequently, reflecting the ongoing activities of the organization, such as sales orders, purchase orders, invoices, etc.

Understanding the distinction between master data and transaction data is crucial for maintaining data accuracy and consistency in SAP.

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Answer for Question: Describe the difference between ‘master data’ and ‘transaction data’ in SAP.