Overview Vendor Master Records include general information such as name and address, currency used for the vendor, terms of payment, contact information, etc. Vendor master records comprise information for both the accounting and purchasing function as well as general vendor data.
General data is data that applies to all company codes within the client.
It includes such information as address, phone number, and the language spoken by the vendor. Accounting data includes accounting specific information such as payment transactions and reconciliation control account information. Purchasing data includes items such as contact persons, terms of delivery, etc. Because Accounting and Purchasing have different information needs, each is presented with a different view of the vendor master file. In the Accounting view, the accountant has access to the general and accounting data, and in the Purchasing view the purchasing agent has access to the general data and the purchasing data.