Master vs Transactional Data
What is this?
Defines the difference between:
- Master Data
- Transactional Data
Master Data
Stable data used across processes:
- Business Partner
- Material
- Org structure
Transactional Data
Dynamic data representing business activity:
- Purchase Orders
- Invoices
- Payments
Key Difference
Master Data → defines capability
Transactional Data → executes process
Key Takeaway
Without master data: → No transactions possible
Without transactions: → No business activity