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Latest comment: 19 years ago2 comments2 people in discussion
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. —Preceding unsigned comment added by 82.27.188.225 (talk) 16:51, 11 October 2006 (UTC)Reply
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.--ase20:31, 6 November 2006 (UTC)Reply
Latest comment: 13 years ago1 comment1 person in discussion
The first sentence under the heading "History" contains a major falsehood. It reads, "In ancient times, non-financial transactions were commonly conducted through a system of barter, in which goods and services were exchanged directly, without a financial medium."
This statement is false. The is no evidence whatsoever of any society using barter as a primary means of exchange, either intra-group or inter-group.
Vilhelmo (talk) 12:49, 17 May 2013 (UTC)Reply
level-5 vital article is rated Start-class on Wikipedia's content assessment scale.
