Suptisree BiswasKnowledge Contributor
What does meta data, master data and transaction data refer to?
What does meta data, master data and transaction data refer to?
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Meta data is a data that describes other data, such as Data definitions, Dsta relationships, and Data formats, and provide contexts and meaning to the data.
Master data is a core data that defines the business entities, such as Customer information, Product information, Employee information and remains relatively static over time.
Transaction data is a data that represents business transactions or events, such as Sales orders, Purchase orders, Invoices, Payments, and typically has a high volume and velocity.