35 lines
1.5 KiB
Markdown
35 lines
1.5 KiB
Markdown
---
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title: "Transaction data"
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chunk: 1/1
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source: "https://en.wikipedia.org/wiki/Transaction_data"
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category: "reference"
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tags: "science, encyclopedia"
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date_saved: "2026-05-05T11:39:54.896602+00:00"
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instance: "kb-cron"
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---
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Transaction data or transaction information is a category of data describing transactions. Transaction data/information gather variables generally referring to reference data or master data – e.g. dates, times, time zones, currencies.
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Typical transactions are:
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Financial transactions about orders, invoices, payments;
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Work transactions about plans, activity records;
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Logistic transactions about deliveries, storage records, travel records, etc..
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== Management ==
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Recording and storing transactions is called records management. The record of the transaction is stored in a place where the retention can be guaranteed and where data is archived or removed following a retention period. Formats of recorded transactions can be digital data in databases and spreadsheets, or handwritten texts in physical documents like former bankbooks.
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Transaction processing systems are application software that generate transactions and manage transaction data/information, e.g. SAP and Oracle Financials.
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== Data warehousing ==
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Transaction data can be summarised in a data warehouse, which helps accessibility and analysis of the data.
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== See also ==
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Data modeling
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Data architecture
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Information lifecycle management, process of administering digital data storage and applying policies for effective information management
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== References == |