A transaction report has the following characteristics:
- It lists all the ledger entries for each record in the ledger table.
- It contains a subtotal for each master table record, and a grand total for all the tables printed.
- It is used to view all the transactions for a particular master record.
- It has no standard naming convention. A transaction report usually has one or more data items, including the master and the corresponding ledger table.
The following are examples of transaction reports:
- Detail trial balance
- Customer—detail trial balance