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Invoice payment process - Flowchart

"An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days in which to pay, and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. ...
Payment of invoices.
Organizations purchasing goods and services usually have a process in place for approving payment of invoices based on an employee's confirmation that the goods or services have been received.
Typically, when paying an invoice, a remittance advice will be sent to the supplier to inform them their invoice has been paid." [Invoice. Wikipedia]
The flow chart example "Invoice payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park. Read more
Flowchart - Invoice payment process
Flowchart - Invoice payment process, terminator, process, preparation, decision,
Used Solutions

Accounting Flowchart: Purchasing, Receiving, Payable and Payment

Accounting flowchart is a system of processes to represent accounting system of an organization. How to create flowcharts for an accounting information system. Read more
"A payment is the transfer of an item of value from one party (such as a person or company) to another in exchange for the provision of goods, services or both, or to fulfill a legal obligation. ...
Payment methods.
There are two types of payment methods; exchanging and provisioning. Exchanging is to change coin, money and banknote in terms of the price. Provisioning is to transfer money from one account to another. In this method, a third party must be involved. Credit card, debit card, Cheques, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods. Electronic payments technologies are magnetic stripe card, smartcard, contactless card and mobile handset. Mobile handset based payments are called mobile payments." [Payment. Wikipedia]
The UML activity diagram example "Payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Rapid UML solution from the Software Development area of ConceptDraw Solution Park. Read more
UML activity diagram
UML activity diagram, swimlane, initial, frame, final, action,

Flowchart Program Mac

ConceptDraw software has been developed for drawing any type of flowchart. Use RapidDraw - thi is flowchart maker technology for adding new objects to a flowchart quickly. This is technology of fast drawing technique focused on making great-looking flowcharts quickly. To get started using it download flowchart maker ConceptDraw PRO. Read more

Why Flowchart Important to Accounting Information System?

The Accounting flowchart shows how information flows from source documents through the accounting records. The are based on the accounting procedures or processes. Flowcharts are used to represent accounting information in a system . There are special symbols which are used to create accounting flowcharts. Try conceptdraw flowcharting set of symbols to draw a professional charts. Read more

Accounting Flowchart Purchasing Receiving Payable and Payment

Accounting flowchart is a pictorial way to represent the flow of data in an organization and the flow of transactions process in a specific area of its accounting or financial department. Accounting Flowcharts solution contains the full set of standardized accounting flowchart symbols which will help you design in minutes various types of Accounting Flowcharts including such popular diagrams which represent the whole accounting process: Purchasing Flowchart, Receiving Flowchart, Voucher Payable Flowchart, Treasurer Flowchart, Payment Flowchart. Read more

Flow Diagram Software

The diagram is a convenient way of representing complex information and data in a simple, visual and comprehensive form. There are used many types of diagrams, each of them has its own fields of application. Flow diagram is a diagram that illustrates the flow or set of dynamic relationships in a system, visually depicts the structure of the elements in a complex system and their interactions. The term Flow diagram is also synonym for a Flowchart. Flow Diagrams are the perfect way to visually represent the structural data. ConceptDraw PRO extended with Flowcharts solution from the What is a Diagram area is a professional flow diagram software. The basic set of vector stencils libraries offered by Flowcharts solution, variety of samples and templates developed by specialists, and also advanced RapidDraw technology open before ConceptDraw users wide opportunities in representing the flow processes, in drawing Flow Diagrams and Flowcharts of any type and complexity. Easy tools of exporting to different graphical formats give the possibility of further successful use the diagrams. Read more

Approval Process and Segregation of Responsibilities Accounting Flowchart Example

How to build segregation of duties using drawing tools from Accounting Flowcharts Solution for ConceptDraw PRO software. Read more

Flow Chart Symbols

ConceptDraw PRO software extended with Flowcharts Solution from the "What is a Diagram" Area is a powerful software that will help you design the flowcharts for any business and technical processes, and software algorithms thanks to the predesigned flow chart symbols. Flowcharts solution offers 2 libraries with large collection of vector flow chart symbols: Flowchart Library, Flowcharts Rapid Draw Library that you can use to create your flowcharts quick and easy. Flowchart Solution is number of diagraming stencils including special set of flow chart symbols such as: terminator, process, decision which indicates a decision points between two or more paths in a flowchart, symbol of delay. Major symbols includes symbol of data, document or multiple documents, subroutine, preparation for processing of documents. Also includes symbols: display, manual input, manual loop, loop limit, stored data,connectors and suming junctions, sort and merge operations, symbols of database and internal stor Read more

Workflow to Make a Purchase. Accounting Flowchart Example

Purchasing Workflow Chart as a methods for documenting accounting information systems. Symbols and Methods for designing Accounting System. Read more

Easy Flowchart Software

ConceptDraw the best professional flowchart software that gives users the ability to simply draw any type of flowcharts. Read more

How to Make an Accounting Process Flowchart

Tips on how to make an accounting flowchart. Describing methods and symbols that are used to represent the accounting system. Read more
"A payment is the transfer of an item of value from one party (such as a person or company) to another in exchange for the provision of goods, services or both, or to fulfill a legal obligation. ...
Payment methods.
There are two types of payment methods; exchanging and provisioning. Exchanging is to change coin, money and banknote in terms of the price. Provisioning is to transfer money from one account to another. In this method, a third party must be involved. Credit card, debit card, Cheques, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods. Electronic payments technologies are magnetic stripe card, smartcard, contactless card and mobile handset. Mobile handset based payments are called mobile payments." [Payment. Wikipedia]
The UML activity diagram example "Payment process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Rapid UML solution from the Software Development area of ConceptDraw Solution Park. Read more
UML activity diagram
UML activity diagram, swimlane, initial, frame, final, action,

Accounting Flowchart

Accounting flowchart is a system of processes to represent accounting system of an organization. If you need to know how accounting processes work and how each operation is done, the Accounting Flowcharts Solution for ConceptDraw PRO has a predesigned library, tips, methods and symbols for easy drawing an Accounting Flowchart. Read more

BPMN 2.0

ConceptDraw PRO diagramming and vector drawing software offers the Business Process Diagram Solution from the Business Processes Area of ConceptDraw Solution Park with powerful tools to help you easy represent the business processes and create the business process diagrams based on BPMN 2.0 standard. Read more