Financial transaction
Financial transaction (or, simply, transaction; hereinafter, the Transaction) is any transfer of items, properties, and resources of value that an organization owns, is about to own, or is about to stop owning.
Types
According to the ITIL Foundation 4e by Axelos,
- Transaction. A unit of work consisting of an exchange between two or more participants or systems.
Market
- Main wikipage: Market transaction
Adjusting
- Main wikipage: Adjusting transaction
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
