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This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Hi everybody out there please help me tackle this issue here. I have been struggling to determine the difference between a financial transaction and an accounting system. Can anybody out there please brief me a bit about this two systems please your help will be truly appreciated.
A financial transaction is an exchange operation that involves finances (or money) (for example, a purchase, a sell, etc.). An accounting system is the method an enterprise or an individual uses to register the financial transactions. I hope you find this useful.--ase 20:31, 6 November 2006 (UTC)[reply]
The first sentence under the heading "History" contains a major falsehood. It reads, "In ancient times, non-financial transactions were commonly conducted through a system of barter, in which goods and services were exchanged directly, without a financial medium."
This statement is false. The is no evidence whatsoever of any society using barter as a primary means of exchange, either intra-group or inter-group.
Vilhelmo (talk) 12:49, 17 May 2013 (UTC)[reply]