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The difference between master data and transactional data

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QUESTION POSED ON: 17 August 2007
Understanding the difference between SAP master data and SAP transactional data.

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Master Data:

Master data is data that remains unchanged over a period of time. It contains information that is always needed in the same way. For example, all personal attributes can be stored in various SAP standard infotypes as records with specific validity which are called master data.

Transaction data:

Data relating to the day-to-day transactions.

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