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RESTRICTED - NEEDS CONFIRMATION - KNOWMAN-110

The Master Data module houses the core data, for example clients, vessels, etc., accounting parameters and any other data required to successfully operate the different modules of the system. Master Data is a single source of basic business data used across the VMS in the modules and is shared by multiple users. To enable full usage of the system it is necessary to enter data into this module.

In the VMS the Master Data module is divided into five administration modules:

• Area Administration
• General Master Data Administration
• Market Index Administration
• Trade Administration
• Vessel Administration

Master Data is often entered once and does not change on a regular basis. However, keeping it up-to-date and with high quality enables a smooth operation of the system and high quality of output, analysis, reports and interactions with external systems.

To facilitate communication/integration with other systems and the VMS all entered data, for example, vessels, commodities, trade routes, coating types, etc. is given a unique code that will remain constant even if the entity’s name changes. This as other systems will recognise the code but maybe not the name. Other settings will thereby remain unaffected.

Location: Modules > Master Data