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Transaction Processing System

Transaction Processing System (TPS)
It is a system which performs collection, maintenance and updating of business data, the fundamentals business events that effects the organization.

for example: selling an item, take an order, hiring an employee, keeping the books these are called transactions.

Companies record these transactions mainly for four reasons:

·  To provide information needed by employees to transact business and to perform their job function.

·  To collect information that managers need to make informed decisions.


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To provide information for customers, suppliers, business partners and other who participate in the transactions.

To create records called audit trails that auditor use to verify corporate information reported by the company.
Examples of TPS
Point-Of-Sale
Order-Entry Systems
Distribution And Logistics System
Purchasing/Receiving Systems

Point-Of-Sale System
A point-of-sale transaction starts with th...

Posted by: Novelett Roberts

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