Should I be using 1 table or Multiple tables?

adibakale

Board Regular
Joined
Apr 10, 2015
Messages
52
I work in the financial industry and have been tasked to create a database for the department I work in.

We will be importing certain financial transactions into this Access database which will store the following information:

Customer Name 1, Customer name 2, Adress, City, State, Transaction amount, Date, Merchant, City, Country, Merchant Code,

Since these will be financial transactions, there won't be a lot of duplicate data, but there will be some such as the customer information, Merchant Information, address for customers and merchants, etc.

I have one table which stores all this information at the moment. I am wondering whether it makes more sense to split this into multiple tables or keep it as one table which will eventually contain a lot of duplicate entries.

Any advice on this would be great, I am having difficulty figuring out if and how to do this correctly.
 

Excel Facts

Which lookup functions find a value equal or greater than the lookup value?
MATCH uses -1 to find larger value (lookup table must be sorted ZA). XLOOKUP uses 1 to find values greater and does not need to be sorted.
the recommendation is multiple tables, you get bloat keep repeating the same data, so names / addresses / contact details should stay together, and you use a unique reference for that group to align with your financials. you can mix your merchants and customers in that batch though i would create a field that indicates which type they are, look at the northwinds database, its done there
 
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The file is imported once a week to a temporary table then it appends to the master table. I am having trouble figuring out how to import it to multiple tables while keeping all the financial records correct.
 
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