![]() One important rule applies to item master data.This data is used automatically by the system in the processes for purchasing, sales, production, managing your warehouse, and accounting.An item master data record stores essential information such as if the item is purchased or sold, the price of the item, the inventory level, and how purchasing of the item is forecast and planned.It controls how the item acts in the sales, purchasing, production, MRP, inventory, and service modules. Item master data is at the heart of almost every process in SAP Business One. ![]() You would create an item master for a product at the level of a universal product code or a catalog number. An item master data record is created for each product and identified with a unique code.The way we define what these items are and how they are handled is through the item master data record.SAP Business One enables you to manage all the items that you purchase, manufacture, sell, or keep in stock.Default data for purchasing, sales and inventory transactions are contained in item master records. To better manage the needs of daily business, items are set up as master data records. Your company has a large number of items. Describe the contents of the item master.At the end of this topic, you will be able to: ![]()
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