Material Master

Material Master:-

 The material master contains information on all the materials that a company procures or produces, stores, and sells. It is the company's central source for retrieving material-specific data. This information is stored in individual material master records.

Master data − Data that is created centrally, and is valid for all applications. It remains constant over time but we need to update it on a regular basis. For example: Vendor is a type of master data that is used for creating purchase orders or contracts.

SAP Master Data is of the following two types −

:- 👉Material Master Data

:- 👉Vendor Master Data

Material Master Data:-

Material master data refer to all the material master records, which are stored in SAP system. The material master is the central source of information for a material related to several application area (Purchasing, storage, accounting, sales, etc) based on material type. In SAP MM, material master data is maintained at plant level and accounting information is maintained at valuation area level.The  valuation are is an organization level at which material are valuated. The valuation are can be be a plant or a company code.With reference to material management module, the business users in purchase department maintains the following material master data.

Material master has four characteristics, which we will discuss one by one in the following sections

Material Types:-

material types are the materials which are having the similar attributes are categorized together and assigned to a material type. It is a classification of allowed material into material types based on attributes.

In material master, material type controls the following functions:-

1. Number range assignments i.e. External or Internally.
2. Field selections i.e. which fields are mandatory, optional, hide and display.
3. Quantity and values basis
4. External procurement or internal procurement
5. Which value classes are to be allowed

The important material types in SAP as follow:-

ZBOP	Bought out Parts
ZCAP	Capital Goods
ZCHE	Chemicals
ZCON	Consumables
ZDSM	Dies and Moulds
ZSPR	Spare Parts
ZFER	Finished Goods
ZHLB	Semifinished Goods
ZPAC	Packaging Materials