Master data contains all the most important information on sites, vendors, and customers as well as on all the articles involved. This information also includes pricing and cycle control data and is stored in the system for retrieval when the user processes business transactions. When master data is consistently maintained, the time required to process transactions can be drastically reduced, as the system can then automatically default the business transactions in the relevant fields.
The following types of master data exist in SAP Retail:
The site master contains data on sites such as the address, assignment to other organizational units, size, opening hours, control information, classification information, departments, merchandise categories, and receiving points.
Business partners are people or organizations with whom your company deals in business relationships. These are often vendors and customers.
The master data that can be created includes general data such as the address, and sales data (for example, departments, merchandise categories and unloading points), as well as financial accounting data (such as bank details and the currency used).
The article master contains data on all the individual articles that a company purchases, sells or produces. An article master record includes information such as the unit of measure and the description of the article. An article master record includes information such as the unit of measure and the description of the article.
Articles can be grouped using the merchandise category or the article hierarchy. These groupings can serve as a basis for Inventory Management and evaluations.
Conditions contain information on arrangements used for pricing in purchasing and sales. These can be defined by the user and stored at a number of levels with relevant periods of validity.
All types of master data can be grouped together in the classification system and analyzed.
See also:Organizational Structure Classification Season POS Interface - Outbound Archiving Data in SAP Retail