Classifying Master Data Objects 
Prerequisites
An important decision when installing the classification system is how to set up a hierarchy.
You can set up a hierarchy with any variation on length and breadth that you require.
A hierarchy set up after careful thought allows easy, quick access to the objects you are looking for.
The simplest type of hierarchy is a hierarchy without characteristic inheritance. In this case, the classes from the upper hierarchy levels do not have any characteristics.
The hierarchy classes are used in this case simply as a search path for quicker access to the classes using object allocations.
Procedure
To classify master data objects, you should carry out the following steps:
You define the characteristics and classes in the classification system. To carry out the classification system functions, choose Master data
® Classification in the Funds Management menu.To assign classes and characteristic values to the master data objects, choose Extras ® Classification on the maintenance screen of the required master record.