Talk:Financial transaction
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[edit] What is the Difference between an Accounting System and a Financial Transaction?
Hi everybody out there please help me tackle this issue here. I have been struggling to determine the difference between a financial transaction and an accounting system. Can anybody out there please brief me a bit about this two systems please your help will be truly appreciated.
- A financial transaction is an exchange operation that involves finances (or money) (for example, a purchase, a sell, etc.). An accounting system is the method an enterprise or an individual uses to register the financial transactions. I hope you find this useful.--ase 20:31, 6 November 2006 (UTC)
