Transaction Processing Systems (TPS)

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Uma asked about 3 years ago

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8 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

A transaction process system and transaction processing are often contrasted with a batch process system and batch processing, where many requests are executed all at one time. The former requires the interaction of a user, whereas batch processing does not require a user to be present. Also, in batch processing the results of each transaction are not immediately available. Additionally, there is a delay while the many requests are being organized, stored and eventually executed.

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Open uri20170510 32134 1uwcnoc?1494421631 Shubhangi Jain answered about 3 years ago

A **transaction process system (TPS)** is an information processing system for business transactions involving the collection, modification and retrieval of all transaction data. Characteristics of a TPS include performance, reliability and consistency. TPS is also known as transaction processing or real-time processing. A **transaction process system** and transaction processing are often contrasted with a batch process system and batch processing, where many requests are executed all at one time. The former requires the interaction of a user, whereas batch processing does not require a user to be present. Also, in batch processing the results of each transaction are not immediately available. Additionally, there is a delay while the many requests are being organized, stored and eventually executed. In transaction processing there is no delay and the results of each transaction are immediately available. During the delay time for batch processing, errors can occur. Although errors can occur in transaction processing, they are infrequent and tolerated, but do not warrant shutting down the entire system. To achieve performance, reliability and consistency, data must be readily accessible in a data warehouse, backup procedures must be in place and the recovery process must be in place to deal with system failure, human failure, computer viruses, software applications or natural disasters.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 jitendra etikala answered about 3 years ago

> `Transaction Process System (TPS)` A transaction process system (TPS) is an information processing system for business transactions involving the collection, modification and retrieval of all transaction data. Characteristics of a TPS include performance, reliability and consistency. TPS is also known as transaction processing or real-time processing. A transaction process system and transaction processing are often contrasted with a batch process system and batch processing, where many requests are executed all at one time. The former requires the interaction of a user, whereas batch processing does not require a user to be present. Also, in batch processing the results of each transaction are not immediately available. Additionally, there is a delay while the many requests are being organized, stored and eventually executed. In transaction processing there is no delay and the results of each transaction are immediately available. During the delay time for batch processing, errors can occur. Although errors can occur in transaction processing, they are infrequent and tolerated, but do not warrant shutting down the entire system. To achieve performance, reliability and consistency, data must be readily accessible in a data warehouse, backup procedures must be in place and the recovery process must be in place to deal with system failure, human failure, computer viruses, software applications or natural disasters.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Aarti Vadnerkar answered about 3 years ago

A transaction processing system collects and stores data about transactions and sometimes controls decisions made as part of a transaction. The transaction is the activity that changes stored data, examples of such an activity would be using a credit card, making a reservation or making a cash withdrawal at an ATM.

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Picsjoin 2017224123730582 Archana answered about 3 years ago

Hie Uma, **- Transaction Processing System (TPS)** - A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise. - A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system **- Features of Transaction Processing Systems** 1. Rapid Processing 2. Reliability 3. Standardisation 4. Controlled Access

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Amit Goyal answered about 3 years ago

Dear Uma Ji , As far as your query is concerned with Transaction Processing Systems (TPS) . Let me Informed In Simple Words , Transaction Processing System is : - [1] It is Purely Computerized System . Means in this there are not manual process. [2] it records the daily transaction of the business. [3] The TPS Is In The Form Of Genral ledger , inventory control etc. [4] it helps in Data Collection , Data Edition , Data Manipulation , Data Storage. Thanks With Best Regards Amit Goyal

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Pushkala Santhanam answered about 3 years ago

A Transaction Processing System (TPS) is a computerized system that performs and records the daily routine transactions necessary to conduct the business, and serves the operational level of the organization. TPS capture and process the detailed data necessary to update records about the fundamental business operations of the organization. These systems include order entry, inventory control, payroll, accounts payable, accounts receivable and the general ledger etc. The processing includes data collection, data editing, data correction, data manipulation, data storage and document production. A TPS also provides valuable input to management information systems, decision support systems and knowledge management systems.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered about 3 years ago

As the name implies, Transaction Processing Systems (TPS) are designed to process routine transactions efficiently and accurately. A business will have several (sometimes many) TPS; for example: Billing systems to send invoices to customers. Systems to calculate the weekly and monthly payroll and tax payments, Production and purchasing systems to calculate raw material requirements, Stock control systems to process all movements into, within and out of the business etc. Thanks

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