Reference data

Reference data

Reference data are data describing a physical or virtual object and its properties.fact|date=April 2008 Reference data are usually described with nouns.fact|date=April 2008

Typical reference data are:
* Physical: products, material, assets, customers, locations
* Virtual: cost centers, planned buildings

Reference data can change over time via transactions (described in transaction data). E.g. a logistical transaction can change the location of an object, a financial transaction like adding tax can change the price of an object and a series of work transaction can change a virtual object like a planned building into a physical object.

Master reference data

A special type of reference data is master reference data - these are reference data shared over a number of systems. Some master reference data are universal (like the list of Countries) and can be covered by a global standard (in this case ISO 3166-1).

Master data and Master reference data

Master reference data are sometimes called Master data. This usage of the term Master data should be avoided,fact|date=April 2008 since Master data is also the term used for original data, like an original recording (see also: Master Tape).

ee also

* Data modeling
* Master Data Management
* Data architecture
* Transaction data


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