Transaction processing systems (TPS)
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
- Storage
- Output generation
- Query support
Transaction processing systems is the operational support system to record and process data from business transactions.
Category: Management Information System
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