A transaction engaged in by a business that initiates the accounting cycle of that business. Business transactions are recorded in order to maintain accurate account balances, to ensure accountability, to establish historical business activity data, and to provide information to decision-makers for determining business strategy.
Related information about business transaction:
- Business transaction management - Wikipedia, the free encyclopedia
Business transaction management (BTM), also known as business transaction monitoring, application transaction profiling or user defined transaction profiling, ...
- What is business transaction? definition and meaning
Definition of business transaction: An economic event that initiates the accounting process of recording it in a company's accounting system.
- What is a business transaction
Answer: It is the business event ( activity ) which can be measured in term of money. and which must be recorded in business book ( or system) of account.
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A business transaction may be as short as a phone call to the bank for an account balance or as long as a mortgage (from the initial mortgage application to final ...
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- Business Transaction — S-Cube - European Network of Excellence
Apr 29, 2012 ... A Business Transaction is a consistent change in the state of the business that is driven by a well-defined business function. [Papazoglou,2003] ...
- Business Transaction Management - Transaction Monitoring - OpTier
OpTier business transaction management and transaction monitoring management software delivers real-time insight into stalled transactions and poor , slow ...
- Business Transaction Assurance from Progress Actional | Progress ...
When important business transactions simply cannot fail, turn to Progress Actional for end-to-end visibility, root cause analysis, and service level management.