Master data

• Master data – comprises of data records that are stored in database for long periods of time.

• Stored centrally• Used and processed on a cross-application

basis• Multi storage of data is avoided.

• Units of measure• Material short text• PO text

• Address• Payment data

• Delivery time• Purchase price

VENDOR MASTER RECORD• Contains information on an enterprise’s vendors.• Information is stored in individual VMR.

Contains data such asVendors name and addressCurrency used in transactions with vendorTerms of paymentName of important contacts(sales persons)

• Maintained by both purchasing and accounting.

• General data:Valid for whole clientVendors address Bank details

• Accounting data• Maintained at company code level.• Number of reconciliation account• Payment methods for automatic transactions.• Purchasing data• Maintained for each purchasing organization• Purchasing order currency• Incoterms

Transaction code used• Create – MK01• Change – MK02• Display – MK03

• General data• Control data• Purchasing specific data• Accounting personnel - payment transaction data, company code

specific data.

Menu path

Menu path

ACOUNT GROUP

• Vendors are categorized according to requirements and some of the vendors having similar characteristics are grouped together and placed in one category.

• Account Group