Full Form of ATRRS
Full Form: | Accounting Transaction Recording and Reporting System |
---|---|
Category: | Business & Finance |
Sub Category: | Accounting |
What is ATRRS Full Form?
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