BY SOWMYA

      Introduction Meaning characteristics Types of transaction processing system Functional areas of transactional processing system conclusion

INTRODUCTION    Generally every business involves transactions , that is when ever people make an exchange it is called as transaction.

Transaction processing system supports day to day operations of the business.

Examples of transactions include:    purchases at store withdrawing money from bank making payments   This system help the companies to conduct the operations and keep track of activities It was first developed in 1950 in accounting departments of major corporation

 The primary purpose of transaction processing system is to record, process, validate, and store transactions that take place in the various functional areas of a business for future retrieval and use.

Transaction processing system is a cross functional information system that process data resulting from the occurrence of business transactions.

for example

: MC Donald's which sells a large number of hamburgers every day orders raw materials from its suppliers each time the company places an order with a supplier, a transaction occurs and TPS records information such as name, address, credit rating, invoice amount etc.,

    

Rapid Processing Reliability standardization Controlled access Transaction processing qualifiers

 Atomicity  Consistency  Isolation 

durability

The processing of transaction is vital for the success of any enterprise.

In the face of advancing technology customer demand for immediate action.

Tps systems are designed to process transactions virtually and instantly to ensure that customer data is available whenever they require it.



Reliability:

TPS system is designed to ensure that all transactions are entered in sequential and systematic manner.



Standardization:

Transactions must be processed in the same way each time to maximize efficiency and effectiveness.

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Controlled access:

S

ince TPS also contains confidential matters or data, it acts as powerful tool for the organization. Hence access must be restricted.

 A TPS is the data life-line for a company because it is the source of data for other information systems, such as MIS and DSS (Decision Support Systems).

 A TPS is also acts as main link between the organization and external entities, such as customers suppliers, distributors, and regulatory agencies

There are six steps in processing a transaction they are:        a. Data entry b. Data Capture c. Data validation d. Processing and revalidation e. Storage f. Output generation g. Query

 Types of TPS(transaction processing system) 1)on-line system 2)Batch-processing system

1)on-line processing system:-

It involves a direct connection between operator and the TPS program  They provide immediate result  They era used to process a single transaction at a time Ex:- an order arrives by telephone call ; it is processed at that moment and the result are produced.

2) Batch-processing system: This is a second type of TPS, where transactions are grouped together and processed as a unit.

Ex :- cheque processing system in a bank

SALES/MARKET ING SYSTEM PRODUCTION SYSTEM FINANCE HR MAJOR FUNCTIONS OF SYSTEM MARKET RESEARCH PROMOTION PRICING NEW PRODUCT MAJOR APPLICATIO N AREAS SALES ORDER MARKET RESEARCH SYSTEM PRICING SYSTEM PURCHASING SHIPPING ENGINEERING OPERATIONS SCHEDULING MATERIAL RESOURCE SYSTEM BUDGETING BILLING COST ACCOUNTIN G BUGETING QUALITY CONTROL SYSTEM PURCHASE ORDER SYSTEM FUND MANAGEME NT SYSTEM PAY ROLLS BENEFITS COMPENSA TION LABOUR RELATIONS EMPLOYEE RECORDS CAREER PATH SYSTEM PERSONNE L PLANNING SYSTEM OTHERS