TransACTION requires that Microsoft SQL Server Compact 3.5 Service Pack 1 be installed on your system.
You can download this from Microsoft at 
If you have a 32bit system download 'SSCERuntime-ENU-x86.msi'
If you have a 64bit system download 'SSCERuntime-ENU-x64.msi'
If you don't know then you have a 32bit system.
TransACTION was create a a personal finance application, which went on to serve others but later discontinued.