A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service ...
Lucas Downey is the co-founder of MAPsignals.com, and an Investopedia Academy instructor. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market ...
Updating the appropriate databases as soon as an order, payment or other transaction is made. Transaction processing enables anyone in the organization to obtain an account balance, inventory balance ...