ATRRS Full Form - What is Full Form of ATRRS?

ATRRS is full form Accounting Transaction Recording and Reporting System

What is Accounting Transaction Recording and Reporting System?

Transaction record in accounting is defined as a business occurrence that has a monetary effect on the financial records of a firm. Example: Purchase of machine, land or building, sale to a customer in credit or cash, etc. Accrual and Cash accounting are two ways in which any business transaction is recorded