A common sale transaction

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A common sale transaction

Category: Coursework

Subcategory: IT Technology

Level: College

Pages: 1

Words: 275

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A common sale transaction
Large economic entities in the globe engage an effective platform where they have installed technological software to spur their activities. Evidently, the approach associates effectiveness where they want to ensure that their tasks are efficient in order to uphold the customer’s loyalty. In addition, they engage it with a view of ensuring scrutiny and accuracy in the performance of tasks. The approach is intrinsic in the calculation of profits and revenue contribution where the software has been incorporated with the taxation authorities where tax is automatically deducted in the performance of the transaction. It is a task which associates the sale of every product. Therefore, the entity manipulates input-process-output.
Inputs
Product and Computer
Software
Labour
Output
Sale
Process
Transaction

Fig.1 An overview of the input-process-output
The inputs entail the product, computer and software which would spur the transaction. The labour entails the cashier who will do the work (Teicher and Avner, 70). The process entails the execution of data about the product where the cashier is supposed to key in the details to perform the sale. Finally, the result of the transaction entails the sale where profits can be retrieved.
A computer with installed software
Transaction
Product
Sale
Labour

Fig.2 A structure of the transaction’s flow chart
It is the implication of the manner in which the transaction is executed pin the entity. In a more critical review, it involves the presentation of the product to the cashier with adequate details where he or she is supposed to key in the data for the transaction to be completed. Evidently, such a task provides a basis to prepare financial statements in the organisation where the entity will assess its performance on every product in relation to the sales.

Work cited
Teicher, Mordechai, and Avner Halperin. “Sales promotion data processor system and interactive changeable display particularly useful therein.” U.S. Patent No. 5,933,813. 3 Aug. 1999.