A form is comprised of blocks and fields. It communicates to Banner in alphanumeric code how a transaction is being paid or how to credit revenue received. The relational database management system developed and copyrighted by the Oracle Corporation and used by Banner. The org code is needed to post revenue, expenses, transfers and to set up budgets. It is an information retrieval function.
Every transaction is stored in Banner as a record.
A record is analogous to a paper document in a file cabinet. If a query retrieves several transactions that match your query, Banner will state the number of records found. SCT Systems and Computer Technology, the company that developed the Banner products. Each financial event is a transaction. Issuing a purchase order and processing a departmental billing are examples of Banner transactions.