SAP Business One tracks business activities using documents such as purchase orders, invoices, production orders, sales orders, and so on. Each of these documents is constructed from smaller reusable chunks of data called master data.
Master data refers to the key information that describes your customers, vendors, and leads as well as items that your company buys and sells. Creating documents from master data increases productivity, ensures data consistency, and reduces errors.
Watch this video to get a clear understanding on what master data is, how to view and create master data as well as a document in SAP.
You can also download the document here for your records.
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