Transaction data/information gather variables generally referring to reference data or master data – e.g. dates, times, time zones, currencies.
Typical transactions are: Recording and storing transactions is called records management.
The record of the transaction is stored in a place where the retention can be guaranteed and where data is archived or removed following a retention period.
Formats of recorded transactions can be digital data in databases and spreadsheets, or handwritten texts in physical documents like former bankbooks.
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