General Transaction Master Data Object Configuration Employee

What is the difference between transaction data and master data?   

Pandit Gandharv
@[email protected] | Updated 01 Jan. 2019

 Master Data refers to the characteristics of an object whereas transaction data refers to all the transactions that are carried out using the object. Any data which does not change so frequently in master data like configuration settings like company data, personal area etc. Any data which keeps changing so often in transactional data, like employee data.

Hari Bahadur
@ | Posted 01 Jan. 2019