Accounting Cycle Example

Accounting cycle is a sequence of activities which are involved in completing an accounting process. The length of an accounting cycle is changed from organization to organization, this can be month, quarter, half-year, or year.
ConceptDraw DIAGRAM diagramming and vector drawing software extended with Accounting Flowcharts Solution from the Finance and Accounting Area of ConceptDraw Solution Park offers the extensive drawing tools, library with ready-to-use vector elements which will help you design any accounting cycle example you need.

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 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 Symbols

If you deal everyday with accounting procedures, you might come to that point when you have to draw an accounting flowchart mentioning all the necessary details for getting the right result and in order to succeed in your field of business activity. Making it is truly simple in case you have ConceptDraw DIAGRAM which is a unique software that allows you to create any kinds of charts and flowcharts as well as schemes, diagrams and plans. This product is so special that once you start using it, you will understand the way it works quick and will never need any other software for the purpose of creating all mentioned above to see as a result incredible, smart, professional, sophisticated flowchart.

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 DIAGRAM has a predesigned library, tips, methods and symbols for easy drawing an Accounting Flowchart.

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.

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.

Flowchart Software

ConceptDraw DIAGRAM is a Mac OS X and Windows software. Numerous vector stencils, samples and templates created by designers are included in the basic package. This is classic flowchart maker which exactly follows the industry standards using flowchart symbols geathered during a ten years into solution park.

Purchasing Flowchart - Purchase Order. Flowchart Examples

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.

Audit Procedures

Audit procedures are the specific tests and methods that auditor executes when gathering the evidence which are necessary for making an opinion on the financial statements of the firm. There are three types of audit procedures: data selection, reliability validation, relevance confirmation.
Thanks to the extensive drawing tools which provides the Audit Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park, you can easy and effectively develop and realize various audit procedures.

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.

Activity Network Diagram Method

Activity Network Diagram - This sample was created in ConceptDraw DIAGRAM diagramming and vector drawing software using the Seven Management and Planning Tools solution from the Management area of ConceptDraw Solution Park.
This sample shows the PERT (Program Evaluation Review Technique) chart of the request on proposal. A request for proposal (RFP) is a request of the company or the organization to potential suppliers to submit the business proposals for service or goods that it is interested to purchase. The RFP is represented on the initial procurement stage and allows to define the risks and benefits.

Flowchart design. Flowchart symbols, shapes, stencils and icons

A flowchart is a type of diagram that represents an algorithm, workflow or process, showing the steps as boxes of various kinds - flowchart symbols, and their order by connecting them with arrows.
Mavericks have always desired to stand apart and gorgeous design is the recipe for that. Any business graphic document will be more understandable if will use an expository color scheme for their parts. Flowchart design makes versatile presenting and explaining of the process and gives a fresh view that distinguishes it from black and white flowcharts on a paper. Workflow diagram or process flow diagrams become more understandable to ordinary people when it use minimum symbols and special signs.
The best design can be accomplished by starting from any of the suitable Conceptdraw examples. Pick one of them and begin to input proper text into each Flowchart symbols and shapes. Apply less colors in the document and don't turn into rainbow your diagram, three or four will be enough, also note that business process flowchart may not contain bright color hues. The next clue is to use identical colors for same flowchart shape types.

Business Process Optimization

Business process optimization is one of the most important components of the business process management which helps increase the effectiveness of organization work. ConceptDraw DIAGRAM diagramming and vector drawing software extended with Business Process Workflow Diagrams solution from the Business Processes area of ConceptDraw Solution Park ideally suits for effective business process optimization, for determination the opportunities for improvements and enhancements the processes, cost reduction and cost savings.

Sales Process Flowcharts

ConceptDraw DIAGRAM diagramming and vector drawing software extended with Sales Flowcharts solution from the Marketing area of ConceptDraw Solution Park offers the set of extensive tools for quick and easy drawing professional looking Sales Process Flowcharts.

EPC for Configuring an Enterprise Resource Planning

Event-Driven Process Chain Diagrams for improvement throughout an organisation.
ConceptDraw DIAGRAM - software that reduces the time needed to create a business process model.

What process should be essentially adopted. Accounting Flowchart Example

The Accounting flowchart shows how information flows from source documents through the accounting records. The are based on the accounting procedures or processes.

Flow Chart Symbols

ConceptDraw DIAGRAM software extended with Flowcharts Solution from the "Diagrams" 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

Flow Map

A Flow Map is a type of thinking maps which help easy organize and understand information. It consists of the set of boxes and arrows, and visually displays a sequence of events.
ConceptDraw DIAGRAM diagramming and vector drawing software extended with Flowcharts Solution from the "Diagrams" Area of ConceptDraw Solution Park allows you to draw in a few minutes the Flow Map of any degree of complexity.

Network Diagram Software. LAN Network Diagrams. Physical Office Network Diagrams

ConceptDraw Network Diagramming Software with examples of WAN, LAN Diagrams. ConceptDraw Network Diagram is ideal for network engineers and network designers who need to draw Local Area Network diagrams, physical office network diagrams and Diagram for LAN.