term transaction business what is
Meaning of external business transaction. What is it: of an operative logical process in a feeder.

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Definition external business transaction

EXTERNAL BUSINESS TRANSACTION title: external business transaction (FS-BA-PM-FC) (SAP Library - Glossary)
EXTERNAL BUSINESS TRANSACTION category: Flow Creation (FS-BA-PM-FC)
EXTERNAL BUSINESS TRANSACTION explained:

Contains data that comes from an operation executed as part of an operative logical process in a feeder system.

It is not dependent on the accounting system and does not contain accounting system-dependent data.

It is delivered from external systems to the Bank Analyzer.

To enable the external business transaction to be posted, the language of the logical feeder systems must be transformed into the language of accounting.

Example

Purchase, sale, disbursement, redesignation, bond warrant split, conclusion of a contract.

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