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Let’s see how to use master data in SAP Business One to avoid this scenario. On the other hand, inaccurate master data disrupt business processes and may lead to severe consequences and money losses. Accurately configured master data reduces the complexity of document creation to confirming that the current information is correct. The proper setup dramatically enhances the efficiency of your daily chores. So, why should you set up master data correctly? The answer is obvious: you simplify all further actions that take place in SAP Business One. As for the transactional data, it describes what to do with this information. Imagine a purchase order that consists of multiple items, warehouse shipping address, payment method, and various contact details. In their turns, documents in SAP Business One can contain information associated with a set of master data records. It characterizes actions applied to master data records, such as purchase order creation for a particular vendor. Here, transactional data enters the game. While default control accounts of vendors, customers, and items are considered master data, more information is required to describe the associated transactions.
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Every time a new document is created within the system or other actions occur, the software provides much of the required information with the help of these entries.Īt the same time, master data is responsible for predefined values and numerous settings that automated wizards use to establish payment processing, dunning activities, and material requirements planning. SAP Business One lets you store them using specific master data records. No matter what platform you use – Magento 2, Shopify, Shopware, whatever – the principle is always the same: you have partners divided into three groups (customers, vendors, and leads), items stored in the inventory, and G/L accounts utilized in transaction posting.
SAP BUSINESS PROCESS MASTER LIST FULL
The correct use of master data is the number one requirement if you want to leverage your SAP Business One integration to the full extent. SAP Business One master data use principles 3 How to integrate SAP Business One with external systems.2.1 How to set up predefined values and defaults for SAP B1 master data.2 SAP Business One Master Data Creation & Management.1.4 SAP B1 Master Data & General Ledger.
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1 SAP Business One master data use principles.
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