TPS

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Guys!!

Do you know what is TPS??

Transaction processing system

is a type of information that collect, store, modify, 

and retrieve the transaction of an organization.

This database is used to support

an MIS, DSS and ESS.

TPSs is important for any organization especially

in the accounting area.

Six basic activities in accounting department:

sales order processing

accounts receivable

inventory and purchasing

account payable

payroll

sales order processing

==

record the customer requests for the company's product.

accounts receivable

==

records money received from or owed by costomer.

account payable

==

money the company owes its suppliers for materials and services

it has received.

inventory and purchasing

==

keep record of the number kind of part of finished goods.

payroll

calculating employees paychecks.

Paychecks can be calculated from employees time cards or

supervisors time sheets.

There are many others transactions systems that you come into contact with every day.

Hope you enjoy with my information~~

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