Asked by: Kaoutar Runnebohmtechnology and computing databases
What are master files?
Last Updated: 4th February, 2020
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Beside this, what is master and transaction file?
A collection of transaction records. The data intransaction files is used to update the master files,which contain the data about the subjects of the organization(customers, employees, vendors, etc.). See master file forexamples of typical master records.
Also Know, what are types of files? There are three basic types of files: regular.Stores data (text, binary, and executable).
Hereof, what is the difference between master and transaction files?
Master file: contains records of permanent datatypes.master files are created at the time when you installyopur business. Transaction file: contains data which isused to update the records of master file for exampleaddress of the costumer etc.
What is a payroll master file?
Payroll Master File: Payroll master fileis generally a computer file for recording eachpayroll transaction for every employee. It also maintainsthe total employee wages paid and other related inforview the fullanswer.