![]() Output is the generated record from the TPS software. ![]() Components of the transaction processing system (TPS) They know all the transaction history of the company. they know how many tickets are sold and left. Font line staff has all the data of the company i.e. The ticket sales staff is also known as Front line staff that directly interacts with the customers. The transactions that can be done by the ticket sale staff and the customers in the railway station is also a type of TPS. TPS is done by the Front line staff of the company and the customers of the company. If any data is accidentally deleted then it can be restored by the TPS also. In this software, we have the option to restore the lost data also. TPS is software for managing data transactions that are done within or outside the organization. “TPS or transaction processing system is a type of information system that collects, stores, modifies and retrieves the data transaction of an enterprise.” Definition of the transaction processing system (TPS) This transaction is between clients and the company. The transaction which is done out of the company is known as an external transaction. The internal transaction is done between different departments of the organization. ![]() The transaction that is done within the organization is known as an internal transaction. This is a transaction between you and the shopkeeper. ![]() “Transaction is a business activity between buyer and seller to exchange an asset of payment.”įor example, you go to the shop and buy something and give money to the shopkeeper. ![]()
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