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What is the difference between master file and transaction file 2024?

Harper Collins | 2023-05-05 12:11:17 | page views：1561
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Sebastian Cooper

Works at Salesforce, Lives in San Francisco, CA
A collection of transaction records. The data in transaction files is used to update the master files, which contain the data about the subjects of the organization (customers, employees, vendors, etc.). Transaction files also serve as audit trails and history for the organization.
2023-05-09 12:11:17
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Amelia Thomas

QuesHub.com delivers expert answers and knowledge to you.
A collection of transaction records. The data in transaction files is used to update the master files, which contain the data about the subjects of the organization (customers, employees, vendors, etc.). Transaction files also serve as audit trails and history for the organization.
transaction file Definition from PC Magazine Encyclopedia
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