Made with
ConceptDraw
DIAGRAM 14

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
Steps in the Accounting Process *

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.

Accounting Flowchart – Procurement Process Mapping

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:

Affinity Diagram →

The affinity diagram is a business tool used to organize ideas and data. It is one of the Seven Management and Planning Tools. But how design the Affinity Diagram quick and easy? ConceptDraw DIAGRAM diagramming and vector drawing software offers the Seven Management and Planning Tools Solution from the Management Area.Affinity Diagram *
Picture: Affinity Diagram
Related Solution:

Account Flowchart Stockbridge System. Flowchart Examples →

Create your own flow charts of data processing systems 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. This is a flowchart of a data processing system combining manual and computerized processing to handle accounts receivable, billing, and general ledger.Account Flowchart Stockbridge System. <br>Flowchart Examples *
Picture: Account Flowchart Stockbridge System. Flowchart Examples
Related Solution:

Account Flowchart. Flowchart Examples →

Create your own flow charts of computer or network system account processing 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. The flow chart example shows the computer network system account processing.Account Flowchart. Flowchart Examples *
Picture: Account Flowchart. Flowchart Examples
Related Solution:

Linux Audit Flowchart Example. Flowchart Examples →

Create your own Linux audit flowcharts using the ConceptDraw DIAGRAM diagramming and vector drawing software extended with the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park. This flowchart example describing auditd, the linux audit tool.Linux Audit Flowchart Example. Flowchart Examples
Picture: Linux Audit Flowchart Example. Flowchart Examples
Related Solution:

Material Requisition Flowchart. Flowchart Examples →

A requisition form is one of the documents used for accounting in different manufacturing processes. There are two main types of requisition: a purchasing requisition and material requisition and difference between them is significant. Creating a flowchart might help you in understanding all the details of accounting process. Flowcharts are a best visual method for dividing a large and complicated procedure into a several little clear pieces. The main value-ability of an effective flowchart is its simpleness. Material requisition flowcharts are used to document the process of relationships between the different departments and the purchasing department within an organization. The flow chart gives the step-by-step guide on how is carried out the procurement process of the materials necessary for the functioning of the organization. This type of flowchart along with many other business flowcharts, one can easy create using ConceptDraw Flowcharts solution.Material Requisition Flowchart. <br>Flowchart Examples *
Picture: Material Requisition Flowchart. Flowchart Examples
Related Solution:

Pyramid Diagram →

When thinking about the process of decision making, it's easy to imagine it as a pyramid. We will look at a three level pyramid model as an example. Operational decisions are first that come to mind, and it's the first level. Tactical and strategic decisions are the second and the third levels. Pyramid (triangle) diagrams are used to show some hierarchical data. Because to the pyramid form of diagram, each diagram slice has a different width. The width of each segment depends on its hierarchical level. The current image illustrates the model of information system types. Most graphically the model can be represented as a three level pyramid. The first level shows a system of transaction processing It is concentrated on operational tasks. The second level is devoted to tactical solutions of the information system management. And at least, the third level addresses strategy and represents the executive information system. This three level pyramid sample is supplied with the ConceptDraw Pyramid Diagrams solution from Marketing area of ConceptDraw Solution Park.Pyramid Diagram *
Picture: Pyramid Diagram
Related Solutions:

Structured Systems Analysis and Design Method. SSADM with ConceptDraw DIAGRAM →

A waterfall model describes software development process as a sequence of phases that flow downwards. SSADM is one of the implementations of waterfall method. It’s easier to learn about structured systems analysis and design method (SSADM) with ConceptDraw DIAGRAM because this software has appropriate tools for creating data flow diagrams. You can use all the three main techniques of SSADM method with special tools and predesigned templates. This data flow diagram illustrates the Structured Systems Analysis and Design Method. This method method considers analysis, projecting and documenting of information systems. Data flow models are the most important elements of SSADM and data flow diagrams are usually used for their description. It includes the analysis and description of a system as well as visualization of possible issues.Structured Systems Analysis and Design Method
Picture: Structured Systems Analysis and Design Method. SSADM with ConceptDraw DIAGRAM
Related Solution:

Steps in the Accounting Process →

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.Steps in the Accounting Process *
Picture: Steps in the Accounting Process
Related Solution:

Auditing Process. Audit Planning Process →

Auditing Process, Audit Planning Process - The audit is complex process of independent examination of data, statements, operations, financial performances of an enterprise for a stated purpose. The auditing process consists of defined quantity of audit steps. Planning is fundamental stage of auditing process. The carefully thought-out audit planning process ensures the success of the business project.Auditing Process. <br> Audit Planning Process *
Picture: Auditing Process. Audit Planning Process
Related Solution:

Easy Flowchart Software →

ConceptDraw the easy flowchart software that gives users the ability to draw any type of flowcharts. Fast visualization of the structured data with the vector stencils from object libraries by using RapidDraw technology.Easy Flowchart Software
Picture: Easy Flowchart Software
Related Solution:
ConceptDraw
DIAGRAM 14