1) Explain the four types of master data that are relevant to purchasing processes in SAP?...

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1) Explain the four types of master data that are relevant topurchasing processes in SAP? I need brief explanation for each

-Material Master

-Vendor Master

-Purchasing info record

-Conditions

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Material Master The material in SAP is a consistent portrayal of certain merchandise or administration that is an object of creation deals purchasing inventory management and so forth It very well may be a vehicle a vehicle part gasoline transportation administration or consulting administration for instance In request to be sure about your activities you have to comprehend material master perspectives and its suggestions on processes in different modules business exchanges and a couple of progressively supportive information like tables that store material master data exchanges for mass material maintenance for changing certain attributes for an enormous number of materials without a moments delay The material master is the focal repository of data about everything your organization sells purchases or changes The SAP ERP framework treats materials distinctively according to their motivation in your organization To separate them materials are characterized into material kinds Raw materials Material sorts These materials will be either changed or collected in your    See Answer
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