A transaction processing system (TPS) collects, stores, modifies, and retrieves data about business transactions. The main objectives of a TPS are to process transactions accurately and efficiently, maintain data integrity, and produce timely reports. There are two main types of TPS: batch processing, which processes transactions in batches rather than individually, and online transaction processing (OLTP), which processes each transaction immediately. A transaction goes through a cycle of data collection, editing, correction, manipulation, storage, and document production. Traditional TPSs include order processing systems, purchasing systems, and accounting systems.
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
Management Information System
Information System
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this file shows that the human resource effectiveness and it's efficiency and how to plan a organizational level human resouce strategies to increase the workforce environment.
Management Information System
Information System
Information Systems Framework
Information Systems Concepts
system
Data Versus Information
Attributes
Transaction Processing Activities
Process Control Systems
this file shows that the human resource effectiveness and it's efficiency and how to plan a organizational level human resouce strategies to increase the workforce environment.
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3. Introduction
• A Transaction Processing System (TPS) is a type of information
system that collects, stores, modifies and retrieves the data
transactions of an enterprise.
Example : airline reservation systems, electronic transfer of funds, bank
account processing systems.
• Designed to process routine business transactions
• Seeks time and cost efficiency by automating repetitive operations
in large volumes.
4. Objectives of TPS
Process data generated by and about
transactions.
• Maintain a high degree of accuracy.
• Ensure data information integrity and
accuracy.
• Produce timely documents and reports.
• Increase labour efficiency.
• Help provide increased and enhanced
efficiency.
• To build and maintain customer loyalty.
5. Components of a Transaction System
• The User of the information system is the person belonging
to the organization that owns the transaction system.
• Participants are the people who conduct the information
processing.
• People from the environment become participants of the
system as they directly enter transactions and perform
validation.
6. Types of TPS
•
•
•
1. Batch processing systems :
Batch processing is where the information is collected and
stored as a batch but not processed immediately.
Batch processing is useful for enterprises that need to process
large amounts of data using limited resources.
Example: Payment by cheque, Credit card transactions, etc.
7. 2. On-line transaction processing (OLTP) :
• A system whereby each transaction is processed
immediately,
without the delay of accumulating transactions into a batch.
Examples :
•
Mostly in Online shopping
U s e s PCI cards (Payment Card Industry): PayPal or World Pay,
We Pay, e-Way, ICEPAY,ATM’s.
9. 3. On-Line Entry with Delayed Processing
• This type of transaction is a compromise between the batch
and on-line processing.
• Orders or transactions are entered into the computer system
when they occur, but they are not processed immediately.
• Example: A typical mail order system in which ordersare
accumulated and then it is forwarded to a warehouse for
shipment
10. Transaction Processing Cycle
Business data goes through a transaction processing cycle that
includes:
•
•
•
•
•
•
Data Collection
Data Editing
Data Correction
Data Manipulation
Data Storage
Document Production
11. • Data Collection
– The process of capturing and gathering all data necessary to
complete transactions is called data collection.
– It can be manual such as completing a purchase order by hand. It can
also be automated via special input device such as scanners and
terminals.
• Data Editing
– An important step in processing data is to check for validity and
completeness of data. Controls must be placed in the data-entry form.
– For example, quantity and cost must be numeric and names must be
alphabetic.
12. • Data Correction
– A data that is not entered properly needs to be entered correctly.
– Data correction involves reentering incorrect data in the data entry
point.
– For example, a UPC code not found in the retail store checkout, is
given a special code to complete the transaction for an item.
• Data Manipulation
– The process of performing calculations and other data
transformations is termed data manipulation.
– Examples are, sorting data, summarizing data, finding price of five
items, calculating employee weekly pay, and so on.
13. • Data Storage
Document Production
– TPSs produce important business documents such
as sales receipts, order entry list, customer list,
invoices, purchase orders, inventory on- hand
report, paychecks, and so on.
– Documents can be hard copy paper report or
displayed on computer screen.
– Involves updating one or more database tables or files with new
transactions.
– For example, inserting new customer information, updating customer
demographics, updating inventory transactions, creating new student
registration, and so on.
•
15. • Order Processing Systems : Order processing systems
include order entry, sales configuration, shipment
planning, shipment execution, inventory control,
invoicing, customer interaction, and routing and
scheduling.
• Purchasing System : The purchasing transaction
processing system is used when an item (such as a chair
or software) is ordered to a supplier from a company. It
includes inventory control, purchase order processing,
receiving, and accounts payable.
• Accounting Systems : An accounting system includes
budget, accounts receivable, payroll, asset management,
general ledger