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A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise.Transaction processing systems also attempt to provide predictable response times to requests, although this is not as critical as for real-time systems.he first transaction processing systems was American Airlines SABRE system, which became operational in 1960. Designed to process up to 83,000 transactions a day, the system ran on two IBM 7090 computers.
A computerized accounting system is made up of a computer or group of computers and an accounting software program. Many different types of systems are available to accommoda â¦ te any type of business.  Transactions   A computerized accounting system is used to record the transactions of a business. Every time a transaction happens, an entry is made into the system.The system records all the information and stores it in the system.any different types of systems are available to accommoda â¦ te any type of business.   Transactions   A computerized accounting system is used to record the transactions of a business. Every time a transaction happens, an entry is made into the system.