proceedings vs transactions

proceedings and transactions both are nouns.

Word	Noun	Adjective	Verb	Adverb
proceedings	Yes	No	No	No
transactions	Yes	No	No	No

As nouns, proceedings and transactions are synonyms defined as:

proceedings and transactions: a written account of what transpired at a meeting

Other synonyms of proceedings include minutes.

proceedings (noun)	transactions (noun)
(law) the institution of a sequence of steps by which legal judgments are invoked	a written account of what transpired at a meeting
a written account of what transpired at a meeting