GR business news April 16, 2023

What is a completed transaction (TC)?  A completed transaction refers to a commercial exchange that has been completed and finalized between two parties. It is important to note that a completed transaction is not limited to a monetary sale, but may also involve an exchange agreement between the parties involved. This concept also applies to transactions that take place on a recurring basis, and it is necessary to account for a CT each time an exchange is finalized.