business transaction
Definition
Economic activity or event that initiates the accounting process of recording it in the firm's accounting system.
business transaction is in the Accounting & Auditing subject.
business transaction appears in the definitions of the following terms:
accounting reports,
mainframe computer,
journal,
principal,
transaction risk,
transaction set,
trading as (T/A),
bookkeeping,
day-end closing,
recognition
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/business-transaction.html
email to a friend
print this definition
cite this definition
link to this page






