What is ERP Master Data?
- ERP Master Data
- Master Data in ERP refers to the core reference records — Customers, Suppliers, Items, Employees, Accounts — that drive all transactions and must be accurate and deduplicated.
Types of ERP Master Data
Master data includes: Party Masters (Customers, Suppliers, Employees, Leads), Item Masters (products, services, raw materials), Account Masters (Chart of Accounts, Cost Centres, Warehouses), and Configuration Masters (Tax Templates, Payment Terms, Price Lists). Poor master data quality is the #1 cause of ERP reporting failures.
Master Data Governance
Establish a master data governance policy: who can create new customers, what mandatory fields must be filled, how duplicate records are detected and merged. ERPNext's Naming Series and Mandatory Field settings enforce basic quality rules. A master data audit before go-live prevents carrying old data problems into the new system.
Infonoxe Technologies specialises in ERPNext implementation and custom software for Indian businesses.
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