03 January 2017

Data Management: Transactional Data (Definitions)

"Data about the day-to-day dynamic activities of a company, such as invoices." (Gavin Powell, "Beginning Database Design", 2006)

"Data that describe an internal or external event or transaction that takes place as an organization conducts its business. Examples include sales orders, invoices, purchase orders, shipping documents, passport applications, credit card payments, and insurance claims. Transactional data are typically grouped into transactional records, which include associated master and reference data." (Danette McGilvray, "Executing Data Quality Projects", 2008)

"The set of records of individual business activities or events." (Janice M Roehl-Anderson, "IT Best Practices for Financial Managers", 2010)

"Data related to sales, deliveries, invoices, trouble tickets, claims, and other monetary and non-monetary interactions." (Microsoft, "SQL Server 2012 Glossary", 2012)

"A type of data that gathers information about contracts, deliveries, invoices, payments and so forth and exhibits a high frequency of change. Transaction data provide a key to the activities of the core business objects." (Boris Otto & Hubert Österle, "Corporate Data Quality", 2015)

"Information stored from a time-based instance, like a bank deposit or phone call." (Jason Williamson, "Getting a Big Data Job For Dummies", 2015)

"Master data and reference data with associated time dimension." (Hamid R Arabnia et al, "Application of Big Data for National Security", 2015)


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