Report to identify duplicates in customer master records

hI ALL,
we have a problem in master record management that there are about 20'000 records in each customers and vendors. Some of them are certainly duplicates. They could be fairly identical in names and address or similar.
Now it has been requested that those duplicates need to be identified and for future use in regular time slots checks should be done to deal with those (clear open items, block duplicates etc.).
Is there a report on how to idenfy those duplicates or has someone an idea on what we could do to create such a report?
Any hints much appreciated.
Regards
Hein

Thanks Alex.
We are aware of those problems with similarities and Excel is only in the second step ccepted.
Aim is to generate a list from SAP with potential duplicates which are then looked at "manually".
I could imagine having a few objects only for checks, for example:
1. Country
2. City
3. Name
Postcode / Street
Any further ideas?
Thanks + Regards
Hein

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