What is customer master record?, Accounting Basics

A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transactions can take place involving the business partner [customer] or a material. Master Records can be edited or altered when necessary. Changing master records is frequently known as "Maintaining" in SAP

 

Posted Date: 3/30/2013 5:03:05 AM | Location : United States







Related Discussions:- What is customer master record?, Assignment Help, Ask Question on What is customer master record?, Get Answer, Expert's Help, What is customer master record? Discussions

Write discussion on What is customer master record?
Your posts are moderated
Related Questions
The cost of goods sold section Cost of merchandise sold to customers during a period is subtracted from net sales figure for the same period to get amount of gross profit.  (Ne

Q. What is Estimated useful life? The estimated useful life of an asset is the approximate time that a company can use the asset. Useful life is estimation not an exact measure

Q. What do you eman by Expenditure? Expenditure -- an expenditure takes place when something is attained for a business -- an asset isbought, salaries are paid and so on. An ex

A baker makes 500 cream-filled eclairs at a cost of $0.72 each. He estimates that 10% of the eclairs will be sold the following day at a reduced price of $0.80 each. Find the mar

Sales taxes and Schedule of accounts receivable Schedule of accounts receivable  Accounts Receivable and individual accounts should match. Only accounts which have

#quthe books of deven verma could not be tallied.the accountant transferred the difference of Rs.1270 in the suspense account on the debit side the following mistakes were found la

The information contained in published financial statements is of specific importance to external users, as shareholders and investors. Without any information they would not be ca

Q. What is Instance financial reporting? For instance financial reporting should - Provide information concerning an enterprise's past performance because such information i

Received and paid the telephone bill for $231 including GST

Hugo Company has a five-day workweek and pays salaries of $35,000 each Friday. 1. Prepare the adjusting entry required on May 31, assuming that June 1 falls on a Wednesday. 2. Prep