Get Free Trial

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.
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.
This payment process flowchart example was created on the base of the diagram of payment process using Global Payment Processing Services from the U.S. Securities and Exchange Commission website.
"Global Payment Processing Services. CyberSource Advanced enables merchants to accept payments made by all major credit and debit cards including American Express®, Discover®, Diners Club International®, JCB, MasterCard®, and Visa® cards. Our customers can also accept payment by corporate procurement cards, electronic checks, PayPal® Express Checkout, and the Bill Me Later® service. Merchants that have business models based on subscriptions can utilize the CyberSource recurring billing service with automated account updating services. For merchants selling internationally, we support direct debit, and bank transfers, as well as regional card brands such as Carte Bleue, Carta Si, Dankort, Laser, Solo, and Visa Electron. We provide these services for online, call center, kiosk, integrated voice response (“IVR”), and IP-enabled point of sale (“POS”) transactions."
[www.sec.gov/Archives/edgar/data/934280/000119312510042764/d10k.htm]
The flowchart example "Global Payment Solutions" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Sales Flowcharts solution from the Marketing area of ConceptDraw Solution Park.
Payment process flowchart
Payment process flowchart, web form, vertical moving arrow, u shaped arrow, turn right arrow, turn left arrow, secure payment, right arrow, process step, pay, mobile, manufacturing, man figure, business man, left arrow, junction symbol, invoice, full shopping bag, finance, electronic mall, down arrow, dispatcher, man, dealer, data center, data base, database, credit cards, credit card transactions, coins, cellphone caller, cash register, bent arrow, banknotes, bank, analyze, accept,

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.

Processing Flow Chart

Processing Flow Chart is a simplified sketch which is used in chemical and process engineering for illustrating general plant streams, major equipments and key control loops.

ConceptDraw PRO enhanced with Flowcharts Solution from the "What is a Diagram" Area of ConceptDraw Solution Park is a powerful Processing Flow Chart software which will help save lots of your time.

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.

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

How to Create Flowcharts for an Accounting Information System

Accounting information is a system of processes to represent financial and accounting data that is used by decision makers. To represent accounting processes there are special symbols which are used to create accounting flowcharts. Flowcharts help users of Accounting Information System to understand the step sequences of accounting processes. Use ConceptDraw PRO with Accounting Flowcharts solution to document and communicate visually how accounting processes work, and how each operation is done.

Introduction to bookkeeping: Accounting flowchart process

Everything about Bookkeeping: Accounting flowchart process. Which symbols to use, how to make a chart.

accounting flowchart, accounting cycle, what is the accounting cycle, accounts payable process flow chart, accounts payable flowchart, steps of accounting cycle, accounting flowchart Accounting Flowcharts

Accounting Flowcharts solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the accounting flow charts.
accounting flowchart, accounting cycle, what is the accounting cycle, accounts payable process flow chart, accounts payable flowchart, steps of accounting cycle, accounting flowchart

accounting flowchart, accounting cycle Accounting Flowcharts

Accounting Flowcharts solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the accounting flow charts.
accounting flowchart, accounting cycle

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.

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.

Flow Chart Symbols

Flowcharts are used in designing and documenting simple processes or programs. Like other types of diagrams, they help visualize what is going on and thereby help understand a process, and perhaps also find flaws, bottlenecks, and other less-obvious features within it. There are many different types of flowcharts, and each type has its own repertoire of boxes and notational conventions. Flowchart diagrams consists of symbols of process, decision, data and document, data base, termination or initiation processes, processing loops and conditions. To create an drawn flowchart use professional flowchart maker of ConceptDraw PRO.

Why flowchart is important to accounting information system?

Flowcharts are used to represent accounting information in a system. There are special symbols which are used to create accounting flowcharts.