1. Presentation on transaction processing systemBY
SOWMYA

2. synopsis Introduction Meaning characteristics
Types of transaction processing system
Functional areas of transactional processing system
conclusion

3. 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

4. MEANING
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.,

5. CHARACTERISTICS Reliability standardization Controlled access
Rapid Processing
Reliability
standardization
Controlled access
Transaction processing qualifiers
Atomicity
Consistency
Isolation
durability

6. 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.

7. 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

8. 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

9. 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.

10. 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

11. FUNCTIONAL AREAS 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 RECORDS
CAREER PATH SYSTEM
PERSONNEL PLANNING SYSTEM
OTHERS