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business transaction

Independent but logically connected business event that implies a change in value or quantity, or a result. Business transactions are therefore flow data. A business transaction is depicted as a posting in Accounting as one whole entity, which can be reversed. In Accounting, this entity has to have a key to identify it.

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  • Part of Speech: noun
  • Industry/Domain: Software
  • Category: ERP
  • Company: SAP

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  • Kristen
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