Master Data 

Definition

Transactions and positions in the SAP Treasury System are managed on the basis of master data. Master data is general data which does not vary from one transaction to another and which you, therefore, only have to enter once.

Master data of derivative financial instruments includes Business partner data, Standing instructions, Class data for futures and Listed options.

Use

You use master data to process business transactions. You need to create it in order to execute transactions.

Master data is also frequently used as a selection criterion for creating evaluation reports.

Structure