Quote Originally Posted by Lorraine View Post
A transaction which cannot cause a monetary impact on the company are non-financial transactions.
Love, Respect, affection, gratitude, trust, compassion can be identified as some examples.
For further clarification use this example: Occurrence of the flo
od is a non-financial transaction whereas the loss occurred due to flood is a financial transaction.
Thank you for this clear explanation about non financial transactions, It's really helpful.