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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.

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 PRO 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.

Export from ConceptDraw PRO Document to a Graphic File

Now it’s easy to share your visual documents with other people in a form most convenient for them.
ConceptDraw PRO can save your drawings and diagrams in a number of highly useful formats, including graphic files. You can save your drawing as a .PNG, .JPG, or other graphic format file.
Export to a Graphic File
Export to a Graphic File

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.

Circular Arrow

ConceptDraw PRO diagramming and vector drawing software extended with Circular Arrows Diagrams solution from the "What is a Diagram" Area is a powerful software that will help you design professional looking Circular Arrow Diagrams.

Export from ConceptDraw PRO Document to PPT or PPTX (MS PowerPoint®) File

ConceptDraw PRO has extensive export capabilities which allow you to export your drawing to MS PowerPoint file formats. So, you can create effective presentations right from your ConceptDraw PRO documents.
Export to MS PowerPoint®
Export to MS PowerPoint®

Export from ConceptDraw PRO Document to PDF (Adobe Acrobat®) File

ConceptDraw PRO has extensive export capabilities which allow you to export your drawing to Adobe PDF files. Thus, you can share your documents with your colleagues and friends even if they don't have ConceptDraw PRO installed on their computer.
Export to Adobe Acrobat®
Export to Adobe Acrobat®

Export from ConceptDraw MINDMAP to MS Project® XML

ConceptDraw MINDMAP can export to MS Project file from a mind map; it can also import a project file from MS Project giving team members who use Macintosh or Windows, a working visual map of a planned project. The ability to import/export MS Project files is made possible because of the Project Exchange solution.

Circular Flow Diagram Template

You need to draw the Circular Arrows Diagram, Segmented Diagram or Circular Flow Diagram? Any of these diagrams can be fast and easy designed in ConceptDraw PRO.

ConceptDraw PRO diagramming and vector drawing software offers the Circular Arrows Diagrams Solution from the "What is a Diagram" Area with extensive drawing tools, predesigned samples and circular flow diagram template. Use of ready template is the easiest way of drawing.

Biology Symbols

ConceptDraw PRO diagramming and vector drawing software extended with Biology solution from the Science and Education area offers a set of useful tools for fast and easy drawing of various biology illustrations and drawings.

Biology solution provides 3 libraries with large quantity of vector biology symbols: Biochemistry of Metabolism Library, Carbohydrate Metabolism Library, Citric Acid Cycle (TCA Cycle) Library.

Basic Diagramming

Try ConceptDraw program, the perfect drawing tool for creating all kinds of great-looking drawings, charts, graphs, and illustrations.

Circular Arrows

The Circular Arrows Diagrams are very popular in management and marketing. They are the useful way to visualize a sequence of steps, tasks, or events as a circular flow. But how design the Circular Arrows Diagram quick and easy? You will need a powerful software. ConceptDraw PRO diagramming and vector drawing software is exactly what you need. Extended with Circular Arrows Diagrams solution from the "What is a Diagram" Area, ConceptDraw PRO is the best for drawing the Circular Arrows Diagrams.

Drawing Illustration‎

The Nature Solution addition to ConceptDraw Solution Park for ConceptDraw PRO includes new libraries that provide a wide range nature objects and it can be used in many areas.

Biology Illustration

Biology solution offers 3 libraries of ready-to-use predesigned biology symbols and vector clipart to make your biology drawing and biology illustration making fast and easy: Carbohydrate Metabolism Library, Biochemistry of Metabolism Library, Citric Acid Cycle (TCA Cycle) Library.