Glossary

Active file A file in current use and need to be readily accessible on a daily basis
Archival file A file that needs to be kept but ready access is not required
Collate To put in sequential order
Computerised filing system This can be in the form of a spreadsheet, database or word processed document
Creditor A business or person to whom the business owes money
Debtor Individuals or businesses that owe the business money
Dispatch To send
Filing system A method of storing information- primarily paper-based or electronically
forecasts Predictions of needs for the future
Inactive file  A file not in use any more but needs to be retained for some reason eg- taxation purposes
Information modification Making changes and adjustments to information
Manual filing system This is usually paper-based and done by hand
Reference and index system Files can be organised in various different ways eg. - alphabetically, numerically, chronologically, geographically
Security of information Information can only be accessed through authorised channels due to it’s confidential nature. It must be kept secure.
Semi-active file A file used less frequently but still needs to be accessible
Targets Something the business aims for
Update Information changes constantly- therefore records need to keep pace with these changes