What is 'reference material' in SAP LO-MD - Logistics Basic Data?

reference material - Overview

• Component: LO-MD

• Component Name: Logistics Basic Data

• Description: A material whose master data is copied by the system as default values for creating a new material.

reference material - Details

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  Key Concepts: 
  Reference material is a type of material in SAP Logistics Basic Data (LO-MD) that is used to describe a material that is not physically stored in the warehouse. It is used to represent a material that is related to the actual material, such as a spare part or a service. 
  
  How to use it: 
  Reference materials can be created in SAP Logistics Basic Data (LO-MD) by entering the relevant information, such as the material number, description, and unit of measure. The reference material can then be assigned to an actual material in the system. 
  
  Tips & Tricks: 
  When creating reference materials, it is important to ensure that all relevant information is entered correctly. This will ensure that the reference material is correctly associated with the actual material and can be easily identified in the system. 
  
  Related Information: 
  For more information on reference materials in SAP Logistics Basic Data (LO-MD), please refer to the official SAP documentation.