Steps in the Accounting Process
The Accounting Process is a sequence of organization activities that is used for gaining quantitative information about the finances. This complex process consists of a set of sequential steps.
9 steps in the accounting process:
- Analysis of Business Transactions
- Make Journal Entries
- Post to Ledger Accounts
- Prepare Trial Balance
- Make Adjusting Entries
- Adjusted Trial Balance
- Prepare Financial Statements
- Close Accounts
- Post-Closing Trial Balance
Sample 1. Steps in the Accounting Process
This diagram was created in ConceptDraw DIAGRAM and illustrates the steps in the accounting process.
ConceptDraw DIAGRAM extended with Accounting Flowcharts Solution will help you facilitate your accounting process. Accounting Flowcharts Solution contains the useful and convenient tools for easily drawing the Accounting Flowcharts.
Designing the accounting flowcharts with complex steps in the accounting process, you can use the useful technique – replace some details in a separate flowchart.
Sample 2. Accounting Flowchart – Procurement Process Mapping
This sample was created in ConceptDraw DIAGRAM using the Accounting Flowcharts library from the Accounting Flowcharts Solution and shows the accounting flowchart of the procurement process mapping. An experienced user spent 10 minutes creating this sample.
Use the ConceptDraw DIAGRAM with Accounting Flowcharts Solution to show the steps in the accounting process, the steps of accounting cycle and to create your own professional looking Accounting Flowcharts of any complexity quick and easy.
The Accounting Flowcharts produced with ConceptDraw DIAGRAM are vector graphic documents and are available for reviewing, modifying, and converting to a variety of formats (image, HTML, PDF file, MS PowerPoint Presentation, Adobe Flash or MS Visio).
TEN RELATED HOW TO's:
Create your own flow charts of purchasing business processes using the ConceptDraw DIAGRAM diagramming and vector drawing software extended with the Accounting Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.
The flow chart example shows the steps of purchasing business process.
Picture: Purchasing Flowchart - Purchase Order. Flowchart Examples
ConceptDraw provides some interactive xy chart and scatter graph symbols that offers advanced features yet is simple to use.
Picture: Scatter Graph Charting Software
When searching for a diagramming tool, we look for a powerful and reliable software that would be easy to use. To mention one, ConceptDraw DIAGRAM has all the necessary features to create cross-functional flowcharts (Swim Lanes) quick and effortlessly. You can draw swim lane diagrams in both vertical and horizontal ways.
This cross-functional flowchart displays a payroll process. It explains to each participant his role in the process depending on the category, represented with swimlanes. Using this flowchart, every employee can easily find out what he can expect in terms of salary. Generally a cross-functional diagram enables one to take a look at processes with a wider scope and with more precision than simple flowchart. Business process capturing using cross-functional flowcharts can be useful for stakeholders and managers to define clearly the staff's roles and responsibilities.
Picture: Cross-Functional Flowchart (Swim Lanes)
This sample was created in ConceptDraw DIAGRAM diagramming and vector drawing software using the Flowcharts solution from the Diagrams area of ConceptDraw Solution Park.
This sample shows the Flowchart of the Credit Card Order Process. On this diagram are used the flowchart symbols that represents the processes and documents. The flowchart symbols are connected with arrows.
Picture: Credit Card Order Process Flowchart. Flowchart Examples
Diagrams are a very important part of modern life. With the help of flow diagram software, a lot of companies can promote their ideas at the market. Its usefulness is totally doubtless.
This is a flow chart of the invoice payment flow. This flowchart details decrypts all stages of the process of obtaining and paying bills. It is a description of the universal process - such steps performs accounting departments of almost any organization. Since every business no matter what it does is a consumer of some goods or services. The given flow chart was made using ConceptDraw DIAGRAM software and the Diagrams solution for making flowcharts of any kind.
Picture: Flow Diagram Software
Data base diagrams describes inter-related data and tables. It describes roles and relationships, internal and external dependencies, data exchange conventions and structures of knowledge domain.
ConceptDraw Software provides number of data-base chart libraries including major 49 vector symbols. Use these DFD flowchart symbol libraries to design data-base structure and models, use it to design data base process-oriented models, or simple data-oriented models. The are special drawing tools for making data flowcharts, data process diagrams, structured analysis diagrams, and information flow diagrams.
Picture: Database Flowchart Symbols
ConceptDraw DIAGRAM diagramming and vector drawing software enhanced with ATM UML Diagrams Solution from the Software Development Area of ConceptDraw Solution Park is a perfect tool for fast and easy creating the Bank Sequence Diagram.
Picture: Bank Sequence Diagram
Workflow Diagram - workflow process diagram is a visual representation of a organizational process flow. Often it used as the same visual notation as process flow diagram. Visualising business processes using workflow diagram (workflow process diagram) allows estimate business process efficiency, analyse and optimize the process itself. Workflow diagram helps get focusing on each step and relations between workflow steps. ConceptDraw DIAGRAM is software for making workflow diagram. It contains specific designed graphics to draw workflow diagrams effectively. This is workflow diagram maker which do your work process effective.
Picture: Work Flow Process Chart
As concept map consists from conception-blocks and links between them, you can use ConceptDraw library objects and add to a document as much objects as you need. ConceptDraw tools let you to edit, group, move objects, change their appearance and add text signs and raster or vector pictures.
ConceptDraw DIAGRAM diagramming and vector drawing software extended with Concept Maps Solution from the "Diagrams" Area is effective tool for creating professional looking Concept Maps.
Picture: Concept Maps
Create your own flow charts of settlement processes using the ConceptDraw DIAGRAM diagramming and vector drawing software extended with the Cross-Functional Flowcharts solution from the Business Processes area of ConceptDraw Solution Park.
Download easy flowchart software to create settlement process flowcharts show steps of monthly settlement with your business quickly and easily.
Picture: Settlement Process Flowchart. Flowchart Examples