Transaction processing systems is an information system that records company transactions.
This system records internal and external transactions. A TPS meets the needs of operational managers; the output of the TPS becomes the input to an MIS.
Steps in processing a transaction:
- Data entry
- Data validation
- Processing and revalidation
- Output generation
- Query support
Transaction processing systems is the operational support system to record and process data from business transactions.
More from this Section
- DSS shell
DSS shell is a program that is used to build a customized DSS. It has a skeletal version ...
- Fields of MIS
Computer science: Theories and methods of computation, efficient data storage and access, ...
- High-level languages (HIL)
High-level languages (HIL) refer to the computer languages that improve on assembly language ...
- Unstructured task
Unstructured task is a task that relies heavily on intuition, judgment, and experience. ...
- Virtual Corporation
The Virtual Corporation— a revolutionary idea that was popularized by consultant William ...