Purchases
Purchases by a customer.Returns
A record that a customer returned an item that was accepted as returned by the seller.Invoices
A bill for products or services.Payments
A payment towards a purchase or debt.Credits
Funds are added to an account. For example, an ecommerce site credits a customer's account for a returned item.Debits
Funds are removed from an account. For example, a bank customer withdraws money from their account.Trades
A trade that occurs on a market such as a stock market.Dividends
A company distributes funds to its shareholders.Asset Sales
Sale/purchase of an asset such as land.Contracts
Parties agree to a contract. For example, a customer loans money from a bank or purchases life insurance.Interest
A bank applies an interest charge on a loan.Payroll
An organization pays an employee for work.Lending
A library lends a book to a patron.Reservations
A hotel accepts a reservation for a room.Signups
A customer joins an ecommerce site.Subscriptions
A customer subscribes to a service.Contractual Fees & Penalties
A library assesses a fee for a late book and applies it to a patron's account.Donations
An individual donates funds to a charity.| Overview: Transactional Data | ||
Type | ||
Definition | Information that documents an exchange, agreement or transfer between parties. | |
Notes | As an accounting term, transactions only include exchanges that involve money.As a business term, transactions can potentially include any agreement or exchange of commercial or legal significance. As a technical term, transactions are a special type of database operation. | |
Related Concepts | ||
