Master Data

How can you link customer and vendor master records and what is the purpose of doing so ?
A: On the customer master there is a field “vendor” and  likewise on the vendor master there is a field “customer”.By entering these master data numbers, a link can be created between the AP/AR subledgers for use in the payment program, dunning routine and the clearing of open items.For example in the payment program, if a specific business partner is your vendor but also your customer, linking their master records together will allow the open AR invoices to be offset against the outstanding AP invoices.

Using Master Data and Characteristics that Bear Master Data  

Definition

Master data is data that remains unchanged over a long period of time. Master data contains information that is needed again and again in the same way. Characteristics can bear master data in BI. Master data can be attributes, texts, or hierarchies.

If characteristics have attributes, texts, or hierarchies, they are referred to as characteristics that bear master data.

The master data of a cost center contains the name, the person responsible, the relevant hierarchy area, and so on.

The master data of a supplier contains the supplier's name, address, and bank details.

The master data of a user in the SAP system contains his/her access authorizations to the system, standard printer, start transaction, and so on.

Use

When you create a characteristic InfoObject, it is possible to assign attributes, texts, hierarchies, or a combination of this master data to the characteristic. If a characteristic bears master data, you can edit it in the BI system in master data maintenance.

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