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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.

Steps of Accounting Cycle

The steps of accounting cycle include the processes of identifying, collecting, analyzing documents, recording transactions, classifying, summarizing, posting, and preparing trial balance, making journal entries, closing the books and final reporting financial information of an organization.
Use the ConceptDraw PRO with Accounting Flowcharts Solution to create your own professional Accounting Flowcharts of any complexity quick and easy.

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.

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

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.

accounting flowchart, accounting cycle Accounting Flowcharts

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

Purchase Process Flow Chart, Receiving Process Flow Chart, Accounting Flowchart Example.

The purchasing process follows very specific guidelines and includes a purchasing cycle flowchart and receiving process flow chart. Common key elements of purchasing process.
It is important to know how purchasing processes work and how each operation is done.

Accounts Payable Process Flow Chart

Accounts Payable Process Flow Chart - ConceptDraw PRO diagramming and vector drawing software extended with Accounting Flowcharts Solution provides the useful tools that will help you create easily and quickly.
The Accounts Payable Process Flow Chart is very popular and widely used type of accounting flowcharts. Now their designing is simple thanks to the Accounting Flowcharts Solution that provides the Accounting Flowcharts library of predesigned commonly-used shapes and a set of templates and samples.

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.

Process Flowchart

ConceptDraw is Professional business process mapping software for making process flow diagram, workflow diagram, general flowcharts and technical illustrations for business documents. It is includes rich examples, templates, process flowchart symbols. ConceptDraw flowchart maker allows you to easier create a process flowchart. Use a variety of drawing tools, smart connectors, flowchart symbols and shape libraries to create flowcharts of complex processes, process flow diagrams, procedures and information exchange.
How To Create a Process Flow Chart (business process modelling techniques)
How To Create a Process Flow Chart (business process modelling techniques)

target diagram, circular diagram, circle diagram Target and Circular Diagrams

target diagram, circular diagram, circle diagram
This solution extends ConceptDraw PRO software with samples, templates and library of design elements for drawing the Target and Circular Diagrams.

ConceptDraw Solution Park ConceptDraw Solution Park

ConceptDraw Solution Park
ConceptDraw Solution Park collects graphic extensions, examples and learning materials

Types of Flowchart - Overview

When designing a process or an instruction in clear way, you should consider creating a flowchart. A Process Flow Diagram is the method. You can avoid wasting a lot of time understanding complex concepts as they get clear with different diagrams.
How to Simplify Flow Charting
How to Simplify Flow Charting

segmented cycle diagram, marketing diagrams, circular arrows diagrams Circular Arrows Diagrams

segmented cycle diagram, marketing diagrams, circular arrows diagrams
Circular Arrows Diagrams solution extends ConceptDraw PRO v10 with extensive drawing tools, predesigned samples, Circular flow diagram template for quick start, and a library of ready circular arrow vector stencils for drawing Circular Arrow Diagrams, Segmented Cycle Diagrams, and Circular Flow Diagrams. The elements in this solution help managers, analysts, business advisers, marketing experts, scientists, lecturers, and other knowledge workers in their daily work.

Basic Flowchart Symbols and Meaning

Flowchart Symbols and Meaning - Provides a visual representation of basic flowchart symbols and their proposed use in professional workflow diagram, standard process flow diagram and communicating the structure of a well-developed web site, as well as their correlation in developing on-line instructional projects. See flowchart's symbols by specifics of process flow diagram symbols and workflow diagram symbols.
How to Build a Flowchart
How to Build a Flowchart

biological image,  biology drawing,  biology symbols Biology

biological image,  biology drawing,  biology symbols
Biology solution extends ConceptDraw PRO software with samples, templates and libraries containing biological vector symbols, to help you create scientific and educational designs in the field of biology.

Audit Steps

Audit Steps - The auditing process is an independent examination of data, statements, operations, records, financial or otherwise performances of an enterprise for any stated purpose. It is a complex process that includes 10 audit steps: Notification, Planning, Opening Meeting, Fieldwork, Communication, Draft Audit, Management Response, Final Meeting, Report Distribution, Feedback.
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How to Draw a Circle-Spoke Diagram Using ConceptDraw PRO

Making circle-spoke diagram is a very useful technique if you want to explore cause and effect. A Circle-Spoke Diagram is a tool that is often used in marketing sphere. Circle-spoke diagram consists from a central circle surrounded in a round arrangement by related sub-circles. They are used to depict the features or components of a central item in a number of areas. Circle-spoke diagram are widely used in marketing and management documents as well as presentations. A Circle-Spoke Diagram is a very useful tool if you want to perform the Cause and Effect analysis. ConceptDraw PRO delivers the ability to make circle-spoke diagrams of various styles with its Circle-Spoke Diagrams solution.

nature illustration, nature environment Nature

nature illustration, nature environment
This solution extends ConceptDraw PRO software with samples, templates and libraries of vector clipart for drawing the Nature illustrations. Use it to make professional-looking documents, presentations and websites illustrated with color scalable vector c