master data (FIN-SEM-BCS)
Business Consolidation (FIN-SEM-BCS)
The data in the Consolidation system that remains unchanged over a long period of time.
The following types of master data are most essential:
- Consolidation units
- Consolidation groups
- Financial statement items (or simply, items)
- Master data for noncurrent assets (including the year and period of capitalization, and depreciable life)
Many types of master data are organized in hierarchies.