Improving Transactional Processing in Accounting Information Systems Research Paper

Improving Transactional Processing in Accounting Information Systems - question Paper ExampleTransaction is an instance of doing business of any kind and may include buying of stocks from a security market and consumable goods at from a retail shop. In all the instances, at that place is exchange of money for goods or services. During the transactions, the need to keep the record of transactions increases, in order to be able to monitor the performance of the business.Businesses rescue espouse several strategies of maintaining their records, preparing forms and reports for financial purposes such as revenue among others (Mattessich, 1998). These records are a part of the entire Information System maintained by a business. For a business to remain in market there must be a well lot egress Information System that enables all the stakeholders to interact with, and benefit from the available information. These systems have further been adopted into accounting due to efficiency, in some cases due to integrity.There has been an upward development of how accounting is carried out since the dawn of civilization. These changes have been necessitated by the tremendous growth of business transactions. Sometimes, the changes have been as a resolve of complexities involved in these transactions (Mattessich, 1998). With the emergence of technology in the past years, business operations have been affected. This includes how transactions are handled and the parties that are involved. It is however important to note that although technology may be harmful in some cases, its adoption has greatly improved operations of businesses in general and more benefits rear end be realized should technology be monitored effectively (CBS Library, 2011).From the old days of Mesopotamia, ancient community unbroken records of businesses using clay tablets where they inscribed details of transactions (Mattessich, 1998). The inefficiency of such record keeping has over the years, push ed people to develop new methods