Transactional data relates to the transactions of the organization and includes data that is captured, for example, when a product is sold or purchased. Master data is referred to in different transactions, and examples are customer, product, or supplier data.
What is meaning of transactional data?
Transactional data is information that is captured from transactions. ... Transactional data is usually captured at the point of sale. In other words, transactional data is data generated by various applications while running or supporting everyday business processes of buying and selling.
What is transaction data example?
Transactional data 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, pass- port applications, credit card payments, and insurance claims.