What are the key components of Components of Transaction Processing System?
The following are some of the components that make up a TPS :
* Inputs : these are source documents obtained from transactions and used as inputs into the computer's accounting system. Invoices and client orders are examples of inputs.
* Processing : The processing entails the dissection of information provided by the inputs into smaller pieces.
* Storage : This is information that has been preserved in TPS memory and may take the shape of ledgers.
* Output : it is possible to use any record that was generated.
