Definition
You use master data as a basis for managing transactions and positions in the CFM component. Master data is general data which does not vary from one transaction to another and which you only have to enter once.
Master data entries in the money market area include the
Master Agreement.Use
The system uses master data to process business transactions. It is a prerequisite for executing transactions.
Master data is also frequently used as selection criteria for generating evaluation reports.
The system also uses the class master data, for example, for determining the account assignment reference.