2. COST ACCOUNTING CONCEPTS FOR IS ORGANIZATIONS › 2.4 Transaction Accounting › 2.4.3 Summary of Transaction Accounting

2.4.3 Summary of Transaction Accounting

In conclusion, the following comments on transaction
accounting are appropriate:

o Effective transaction accounting is based on a transaction
  definition of a data event that is well understood,
  identifiable, and pertinent to the user's process.

o Transaction accounting that considers only charges at the
  batch job or program, TSO command, or IMS/CICS transaction
  level provides necessary costing data, but does not provide
  a user-oriented standard charge.

o If an installation does not have effective resource
  measurement and cost accounting facilities, transaction
  accounting cannot be effectively implemented.

o The implementation of transaction accounting will most
  likely have far-reaching impacts on the data processing
  organization, its management, and the users of the data
  processing services, because dollars will be associated to
  understandable units such as payroll checks.

o The associated cost of implementation and administration
  must be well understood before undertaking such a large and
  expensive effort.

o The usability and benefit of transaction accounting demands
  that charge-out oriented installations at least consider
  the transaction accounting approach's feasibility.