Answer Posted / jameer

All the data related to the organisation such as the Sales
Organisation,Business data will be stored and created
centrally,that data is called Master Data.

There are 3 types of master data.
1.Customer Master.
2.Material Master.
3.Customer material info records.

All the business process such as the
Inquiry,Quotation,PO,Sales Order,Delivery,Billing,Financial
posting in all these processes the data will be retrieved
from the Master data only.

So, without master data there will be no business
transactions can be done.

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