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Background of the Study and Significance of the Study

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Background of the Study and Significance of the Study
1.1 Background of the Study
Transaction Processing System (TPS) aims to improve transaction processes and automate the handling of data about business activities and transaction. The study is considered as Transaction Processing System (TPS) for it aims to improve the current system being employed by the company and enable handling large amount of data. Transaction Processing System is being introduced to business firms to assists them in improving their daily transaction processes and widens their knowledge in computer systems that will transform their typical business transaction into a more interactive environment. Vasquez Pharmacy is located at #37 Mabolo Street Pag-asa Village, Barangay Katuparan, Taguig City. It is a product oriented company which offers grocery items and medicines. Vasquez Pharmacy was newly established on April 27, 2012. They have only one(1) Pharmacist, in-charge of handling all the medicines and 2 cashiers in-charge in all the sales transactions. Vasquez Pharmacy is open 16 hours in a day and 7 days in a week. Customers of Vasquez Pharmacy are usually tricycle drivers and people within its range. The store is near to the terminal of tricycles and also to the marketplace. The developed system is designed to improve the sales transaction of Vasquez Pharmacy. The developed system is packed with features that will enhance the sales process and improved the tasks done in the company. The developers developed the system to the company to improve their manual procedure on their sales transaction.

1.4 Significance of the Study The Sales Monitoring System is a computerized system that manages and updates the sales of Vasquez Pharmacy. It will also automate manual computation of revenue and expenses every month.
This proposed Sales Monitoring System can benefit the following: * To the Vasquez Pharmacy
The system will provide them enhanced transactions and make their own company more productive and if in case the company expands,

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