transaction processing system tps definition

#TRANSACTION PROCESSING SYSTEM TPS DEFINITION FULL#

TPS uses data and creates reports as shown in the diagram below. Many real-time advantages for every company are offered by transaction processing systems. It is the automation of the simple, repetitive processing used to support business operations. A TPS registers, as well as all of its consequences, a non-inquiry transaction itself in the database and generates transaction-related documents. The transaction processing system (TPS) manages the business transactions of the client and therefore helps a company's operations. Submitted by IncludeHelp, on December 24, 2019Ī transaction is a simple process that takes place during business operations. This article describes the TPS and its necessary activities. It is a very helpful, reliable & secured system of processing transactions at an ease.In this tutorial, we are going to learn about the Transaction Processing System: The transaction processing system is also known as information systems for decision making. These were the fundamentals behind the Transaction Processing System. Output: Any document generated is termed as output.Storage: Ledgers serves as a source of storage.Processing: Once the inputs are provided, they are further processed to get an output.Inputs: Source documents such as Customer orders, invoices, purchase orders, etc.RELIABLITY: A TPS should be such that it is available day and night.TPS should be such that we can believe it is secured and error free.A TPS must be such that it may handle large number of transactions without any failure.

We know the number of transactions occurring in railway system and the quickness required.

HIGH VOLOUME RAPID PROCESSING: A pre requirement is that TPS must be able to process huge transactions within very less time and that too efficiently.

EQUIVALENCE: TPS provide similar format to its users for data entry thus users efficiency gets increased and the overall system effectiveness is also improved.

This access control feature leads to security of the TPS. Thus, any unauthorized user cannot make changes to the system or access the system.

ACCESS CONTROL: TPS generally has features by which only authorized users are allowed to access the system.

Durability: Transaction which is not confirmed should not be recorded and transactions which are completed should be edited only with prior approval.

Debit and credit should occur simultaneously without affecting each other.

Isolation: The transactions must be executed simultaneously but individual privacy should not be disturbed.

Cash should not go negative in the books, this is a requirement of the management so the system should be such that it does not accepts any cash payment related transaction when the cash is not available.

Consistency: Data integrity or consistency should be well maintained.

A transaction must take place in entirety.

#TRANSACTION PROCESSING SYSTEM TPS DEFINITION FULL#

Atomicity: A transaction must be completed in full and not in parts.Global economy is a major reason for the advancement of TPS. TPS generally may be used in Railway Reservation Systems, Accounting Systems, Banking Systems, etc.

A TPS may be defined as an Information system that collects, stores, retrieves day to day transactions of the organization.

Transaction processing system tps definition