Transaction

Meaning

A transaction is the transfer of money, either digitally or in cash, in exchange for goods and services.  Both businesses and individuals are

Key points

• Transaction appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, transaction is used to keep invoice and payment operations structured and auditable.