Master data.
In SAP MM storing material and vendor related information in database is called as master data. Master data is used reduce the maual entry, save time and avoid errors. In SAP MM there are multiple master datas available.
1. Material master
2. Vendor master
3. Purchase info record
4. Source list
1. Material master.
Material master is storing the material-related information in the database. Each every material will be used in different deportment and process. So more than 100 of information might be available about the material. To enter this information manually is not possible. So that we are creating the material master and storing all the information. once we enter the material master all the information will be pulled from the database.
2. Vendor master
Vendor master is storing the vendor related information in database. Vendor master can be created for all the below levels.
- Company code level
- Purchasing level
- Finance level
3. Purchase info record.
Purchase info record is used to store the vendor and material-related information for the particular plant. In purchase info record we can maintain details like remainder, tax, price, delivery date and other important information.
4. Source list.
The source list is used to fix, block and create the list of sources for the particular material and plant combination. source list will only work for particular material and plant combination. It will not work for other plants.