Presentation on transaction processing

system

BY SOWMYA

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

system conclusion

synopsis

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.,

MEANING

Rapid Processing Reliability standardization Controlled access Transaction processing qualifiers

AtomicityConsistencyIsolation

durability

CHARACTERISTICS

Characteristics of transaction processing system

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.

Controlled access: Since 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 system2)Batch-processing system1)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 timeEx:- 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

MAJOR FUNCTIONS OF SYSTEM

MAJOR APPLICATION AREAS

SALES/MARKETING SYSTEM

MARKET RESEARCH

PROMOTION

PRICING

NEW PRODUCT

SALES ORDER

MARKET RESEARCH SYSTEM

PRICING SYSTEM

PRODUCTION SYSTEM

PURCHASING

SHIPPING

ENGINEERING

OPERATIONS

SCHEDULING

MATERIAL RESOURCE SYSTEM

QUALITY CONTROL SYSTEM

PURCHASE ORDER SYSTEM

FINANCE

BUDGETING

BILLING

COST

ACCOUNTING

BUGETING

FUND MANAGEMENT SYSTEM

HR

PAY ROLLS

BENEFITS

COMPENSATION

LABOUR RELATIONS

EMPLOYEE RECORDSCAREER PATH SYSTEM

PERSONNEL PLANNING SYSTEM

OTHERS

FUNCTIONAL AREAS