Define: Transaction File

UK Accounting Glossary

Definition: Transaction File


Quick Summary of Transaction File


A transaction file (movement file) is a computer file used to record an external or internal transaction.



What is the dictionary definition of Transaction File?

Dictionary Definition


A transaction file is a computer file used to record an external or internal transaction.


Full Definition of Transaction File


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 organisation (including but not limited to: customers, employees, vendors, etc.).

Transaction files also serve as audit trails and history for the organisation. Where before they were transferred to offline storage after some period of time, they are increasingly being kept online for routine analyses




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/transaction-file/
Modern Language Association (MLA):
Transaction File. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 16, 2019 https://payrollheaven.com/define/transaction-file/.
Chicago Manual of Style (CMS):
Transaction File. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/transaction-file/ (accessed: July 16, 2019).
American Psychological Association (APA):
Transaction File. PayrollHeaven.com. Retrieved July 16, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/transaction-file/

Definition Sources


Definitions for Transaction File are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.