Talk:The Computer Revolution/Databases/Transaction Processing System

== Types of Transaction Processing Systems (TPSs) == There are many Transaction Processing Systems some that are specialized for use by “law enforcement the military, financial institutions, along with others”. These systems are usually in “real time” that is they operate as transactions are being processed and are updated at those times. This is a different process than batch processing which is done over a period of time. . Some of these systems have names like order entry which is useful to help employers record order data. Some of the transactions being made in order entry occur in person over the phone the internet and mail. Two specific types are e- commerce and (POS) point-of-sale systems. Another system being payroll systems which are responsible for things like taxes, deductions and pay. These systems usually prepare reports for management. There is also accounting systems that keep track of a “company’s financial transactions for accounting purposes. There are two different systems in this system; they are accounts receivable and accounts payable. Accounts receivable being responsible for account balances, purchases, product invoices, payments and monthly statements Accounts payable are responsible for bills to be paid and purchases made. A lot of these systems help out with the mundane day to day things that must be done for a business to run smoothly.

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