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Showing posts from May, 2019

How is ‘Master Data’ different from ‘Transaction Data’?

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There are three kinds of data residing in any SAP system: 1. Table Data 2. Transaction Data 3. Master Data Table Data refers to the customized information for a particular Client. This includes data such as payment terms, discounts, pricing, tolerance limits, etc., which you do not normally change on a day-to-day basis. Transaction Data is the day-to-day recording of business information such as purchase orders, sales returns, invoices, payments, collections, etc. This includes both system-generated data (tax, discount, etc., automatically calculated by the system during document posting) as well as user- generated data. Master Data is the control information required to decide how transaction data gets posted into various accounts (such as customers, vendors, GL, etc.). The master data is usually shared across modules (for example, customer master records are common both to FI and SD in SAP) obviating the need for defining it in various application areas. The master d

Project Implementation

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What is ‘ASAP’? ‘ASAP (Accelerated SAP)’ is a methodology used in SAP for faster and cost-effective implementation of SAP R/3 projects. ASAP helps to (a) reduce the implementation time, (b) achieve quality implementations, and (c) make effective and efficient use of project resources. ASAP integrates the following three components: 1. ASAP Roadmap 2. Tools (Questionnaires, templates, etc.) 3. R/3 services and training (Hotline, Early Watch, Remote Upgrade, Archiving, etc.) ASAP Roadmap is aimed at providing step-by-step direction and guidance throughout the project implementation by providing a process-oriented, clear and concise project plan. The roadmap meanders through the following milestones or phases in the project implementation lifecycle: 1. Project preparation 2. Business blueprint 3. Realization 4. Final preparation 5. Go-live, support, and continuous improvement Project preparation is the first and initial phase of the ASAP roadmap where you are just startin