Vendor Master Data Vendors are your suppliers of goods and services. Vendor Master Data records contain all the pertinent data needed to place orders, post invoices and issue payments. We can consider each individual vendor master record as a sub-ledger. The sub-ledger concept means that we can maintain individual vendor Read more…
Vendor Master Data in SAP – Introduction The vendor master data in SAP contains records of all the data you need to manage your vendors. It includes the vendor’s personal and business details. While personal details include name, address, language and phone number. Likewise, business information includes tax information, bank Read more…
Master Data in SAP FICO – Introduction There are two types of Data available in SAP. Master Data & Transactional Data. Master Data is the base for any posting of Transactions. In SAP, different dedicated tables are available for Master Data. Here we have four kinds of Master Data in Read more…