EIN 5117 Chapter Notes - Chapter 8: Batch Processing, Transaction Processing, Accounts Payable
Document Summary
Chapter 8: transaction processing systems (tpss)- capture and process the detailed data necessary. Inventory control to update records about the fundamental business operations of the organization. Play a critical role in providing value to the customer. Provides the basis for added value through improved customer service: batch processing systems- business transactions are accumulated over a period of time and prepared for processing as a single unit or batch. Accumulated for as long as necessary to meet the needs of the users of that system. The data in an online system reflects the current status. Order processing systems- lifeblood of the organization; generates an invoice for customer orders to include with the shipment. Accounting systems- track the flow of data related to all the cash flows that affect the organization. Purchasing systems- inventory control, purchase order processing, receiving, and accounts payable: many organizations implement an integrated set of transaction processing systems that handle most or all of the transaction processing activities.
