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What is the Accounting Cycle?

What is the accounting cycle? The accounting cycle is a sequence of steps that occur in the accounting period and include the processes of identifying, collecting, analyzing documents, recording transactions, classifying, summarizing, and reporting financial information of an organization.

What is the Accounting Cycle? *

Sample 1. What is the Accounting Cycle

What is the accounting cycle for a business? The accounting cycle for business starts from the creating chart of accounts and finishes with closing the book at the end of the accounting period after execution a series of steps in the accounting process of financial transactions of the firm.

ConceptDraw DIAGRAM diagramming and vector drawing software extended with Accounting Flowcharts Solution provides the Accounting Flowcharts library with wide variety of predesigned accounting flowchart symbols, and the set of templates and samples allowing you design the accounting flowcharts and show the steps of accounting cycle in minutes.

Steps of Accounting Cyle

Sample 2. Steps of Accounting Cycle

Use the ConceptDraw DIAGRAM with Accounting Flowcharts Solution to explain “What is the accounting cycle?” and create your own professional Accounting Flowcharts quick and easy.

steps in the accounting process

Sample 3. Accounting Flowcharts Solution

All source documents are vector graphic documents. They are available for reviewing, modifying, or converting to a variety of formats (PDF file, MS PowerPoint, MS Visio, and many other graphic formats) from the ConceptDraw STORE. The Accounting Flowcharts Solution is available for all ConceptDraw DIAGRAM or later users.


Information Graphics →

Infographics can be created with the help of ConceptDraw DIAGRAM diagramming and drawing software same way any other scheme or flowchart can be made: by using the appropriate solution taken from the ConceptDraw STORE application which consists of the needed tools such as the stencil libraries with the design elements that all can be used by the ConceptDraw DIAGRAM users.Information Graphics *
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Data Flow Diagram Process →

When you are a beginner in software development, you make a lot of mistakes. Developing logical models, or data flow diagrams is a way to see the the whole project and all the processes clearly. And some novices, unfortunately for them, miss modeling stage at the beginning of project life cycle, and get into troubles as the project grows. This image represents the data flow diagram applying symbols of Yourdon and Coad notation. This DFD depicts the data flow inside an organization department deals with receivables. The icons of standard Yourdon and Coad notation provides possibility to draw professional looking and well- readable DFD for business documentation. This data flow diagram was designed with the help of ConceptDraw DIAGRAM and its Data Flow Diagrams solution. The solution delivers three vector graphic libraries including elements of Yourdon and Coad and Gane-Sarson notations.Data Flow Diagram Process *
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Form Maker →

Use the Basic Diagramming Solution from the Universal Diagramming area of ConceptDraw Solution Park to easy create simple forms, questionnaires, survey forms, registration and application forms, etc.Form Maker *
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Telecommunication networks. Computer and Network Examples →

A Telecommunications network is a network of nodes, links, trunks and telephone switches that are connected, operated by telephone companies and realize telephone, audio, visual and data communications among the users. The telecommunications network can also include Internet, microwave, wireless equipment. This example was created in ConceptDraw DIAGRAM using the Computer and Networks Area of ConceptDraw Solution Park and shows the Telecommunications network.Telecommunication networks. <br>Computer and Network Examples *
Picture: Telecommunication networks. Computer and Network Examples
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UML Use Case Diagram Example. Services UML Diagram. ATM system →

Services UML Diagram. ATM system. This sample was created in ConceptDraw DIAGRAM diagramming and vector drawing software using the UML Use Case Diagram library of the Rapid UML Solution from the Software Development area of ConceptDraw Solution Park. This sample shows the scheme of the servicing using the ATMs (Automated Teller Machines) and is used at the working of ATM banking systems, at the performing of the banking transactions.UML Use Case Diagram Example. <br>Services UML Diagram.  ATM system *
Picture: UML Use Case Diagram Example. Services UML Diagram. ATM system
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Bank UML Diagram →

You need design a Bank UML Diagram? Now, thanks to the ConceptDraw DIAGRAM diagramming and vector drawing software extended with ATM UML Diagrams Solution from the Software Development Area, you can design without efforts any type of Bank UML Diagram you want - Class, Activity, Communication, Component, Composite structure, Deployment, Interaction overview, Object, Package, Profile, Sequence, State machine, Timing, Use case.Bank UML Diagram *
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ER Diagram Programs for Mac →

ConceptDraw DIAGRAM compatible Mac OS X software extended with powerful Entity-Relationship Diagram (ERD) Solution from the Software Development Area for ConceptDraw Solution Park is one of the famous ER Diagram Programs for Mac. It gives the perfect ability to draw ER diagrams for visually describing databases with Chen's and Crow's Foot notation icons.ER Diagram Programs for Mac *
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Data Flow Diagram Model →

Developing a software project supposes architecture first. To make it proper, you can use data flow diagram model in your current project. The data flow diagram represents the Model of small traditional production enterprise that is made using Yourdon and Coad notation. It shows how the data is transfered through a process. According to the notation of Yourdon and Coad a process is represented by circles and data stores are drawn using parallel lines. This DFD was created using the ConceptDraw Data Flow Diagrams solution. Using this solution one can visualize data flow accordingly to the rules of two basic notations used for data flow modeling.Data Flow Diagram Model *
Picture: Data Flow Diagram Model
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Create a Cross-Functional Flowchart →

Fast creating visualization for structured data is the main capability of ConceptDraw DIAGRAM software. With numerous vector stencils from object libraries and the RapidDraw technology this software becomes the best cross-functional flowchart software.Create a Cross-Functional Flowchart *
Picture: Create a Cross-Functional Flowchart
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Entity Relationship Diagram Symbols →

When we start to speak about databases, we must always mention database structure visualization. One of the most common ways to do it is to create an entity relationship diagram, and to put appropriate symbols on it. It is important either for database projecting and for its' future maintenance. Entity Relationship Diagram describes data elements and their relationships within a database. There are a set of special symbols that depict each element of an entity relationship diagram. Entities - represents some stable components such as supplier, employee, invoice, client, etc. Relation symbols show how the entities interact. Attributes define characteristics of the relationships. Attributes can be one-to-one or many-to-many. Physical symbols is used in the physical models. They represent items such as fields, tables, types and keys. ERD physical symbols are the building material for the database. Notation lines are used to illustrate the relationships. The most common method is Crow’s Feet notation. You can use ConceptDraw Entity-Relationship Diagram (ERD) solution to represent a database using the Entity-Relationship model.Entity Relationship Diagram Symbols
Picture: Entity Relationship Diagram Symbols
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