If I simply wrap my query with:
BEGIN TRANSACTION
COMMIT TRANSACTION
If anything fails inside of that, will it automatically rollback?>
For transaction control you use begin, commit and rollback. You begin a transaction by supplying BEGIN TRANSACTION. Then you put the various SQL statements you need. Then you end the transaction by issuing either a commit or rollback. COMMIT TRANSACTION will commit all the changes that you did to the database after the BEGIN statement and make them permanent, so to speak. ROLLBACK TRANSACTION will rollback all changes that you did to the database after the BEGIN statement. However, it will not change variable values.
Example:
BEGIN TRANSACTION
UPDATE table SET column = 'ABC' WHERE column = '123'
COMMIT TRANSACTION
--//column now has a value of 'ABC'
BEGIN TRANSACTION
UPDATE table SET column = 'ABC' WHERE column = '123'
ROLLBACK TRANSACTION
--//column still has it's previous value ('123') No changes were made.