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Chapter 5

Overview of Master Records

A master record contains information relating to an


individual object, which remains unchanged for a long
period of time.

Chapter Objectives
Explain the different types of data in the system.
Discuss the integration points between the master
records.

4.6fi_05.1

Overview of Master Records

Data in the System


Master Data

Transaction Data

Table Data

G/L Account

Invoice

Payment Terms

Customer

Payment

Tolerance Settings

Vendor

Credit memo

Pricing Conditions

Bank

Goods Receipt

Material

4.6fi_05.2

Overview of Master Records

Integration Points in Master


Records
SD
Customer Master Records
are maintained in Sales &
Distribution (SD) and
Financial Accounting
(A/R)

FI

MM

4.6fi_05.3

Vendor Master Record


are maintained in
Materials Managemen
(MM) and Financial
Accounting (A/P)

Overview of Master Records

Master Records - General


Information
G/L Account

Customer

Vendor

Create in ...
Chart of Accounts
and
Company Code

4.6fi_05.4

Activities
Create
Change
Display

Client
and
Company Code

Overview of Master Records

Overview of Master Records


Chapter Summary

Key Terms
Master Data
Transactional Data
Table Data

4.6fi_05.5

Overview of Master Records

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