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.

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.

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.

Workflow Diagram Symbols

Workflow diagrams is the acknowledged method to draw processes which have concerted set of symbols you use for depicting different kind of steps or relations. Often it named the process flow diagram but the real process flow diagram use differen visual notations and use different flowchart symbols. The professional workflow diagram also may be used for the same purpose as critical process flow diagram. Nevertheless, there are lots of cases you may need make your workflow diagram more bright and graphic. ConceptDraw PRO extended with the Workflow Diagram solution delivers rich set of workflow diagram symbols helps you make your workflow better-suited for presentations.

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.

Accounting Flowchart Purchasing Receiving Payable and Payment

Accounting flowchart is a pictorial way to represent the flow of data in an organization and the flow of transactions process in a specific area of its accounting or financial department. Accounting Flowcharts solution contains the full set of standardized accounting flowchart symbols which will help you design in minutes various types of Accounting Flowcharts including such popular diagrams which represent the whole accounting process: Purchasing Flowchart, Receiving Flowchart, Voucher Payable Flowchart, Treasurer Flowchart, Payment Flowchart.

Process Flow Diagram

A Process Flow Diagram (PFD) is a diagram which shows the relationships between the main components in a system. Process Flow Diagrams are widely used by engineers in chemical and process engineering, they allows to indicate the general flow of plant process streams and equipment, helps to design the petroleum refineries, petrochemical and chemical plants, natural gas processing plants, and many other industrial facilities.
ConceptDraw PRO diagramming and vector drawing software extended with powerful tools of Flowcharts Solution from the "Diagrams" Area of ConceptDraw Solution Park is effective for drawing: Process Flow Diagram, Flow Process Diagram, Business Process Flow Diagrams.

Cross-Functional Flowchart

Cross-Functional Flowchart - to draw cross functional process maps is by starting with a cross-functional flowchart samples and templates. Easy to draw sample cross functional Process Flow Diagrams. Using a Cross-Functional flowchart is a clear way of showing each team member’s responsibilities and how processes get shared or transferred between different teams and departments.
Use cross-functional flowcharts to show the relationship between a business process and the functional units (such as departments) responsible for that process. To create it use the best flowchart maker of ConceptDraw PRO.

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 "Diagrams" Area with extensive drawing tools, predesigned samples and circular flow diagram template. Use of ready template is the easiest way of drawing.

Quality Control Chart Software — ISO Flowcharting

Quality Control Chart Software (ISO Flowcharting) - ConceptDraw PRO extended with Total Quality Management TQM Diagrams Solution from the Quality Management Area is the best diagramming and vector drawing software that allows you to draw the quality control charts quick and easy.
The quality control chart is a graphic that illustrates the accordance of processes or products to the intended specifications and degree of differences from them. Depending on what type of data you need analyze, there are used different types of quality control charts: X-bar charts, S charts, Np charts.

Probability Quality Control Tools

The Total Quality Management Diagram solution helps your organization visualize business and industrial processes. Create Total Quality Management diagrams for business process with ConceptDraw software.

Basic Audit Flowchart. Flowchart Examples

This sample shows the Audit Process Flowchart. It was created in ConceptDraw PRO diagramming and vector drawing software using the Flowcharts solution from the Diagrams area of ConceptDraw Solution Park.
The Audit Flowcharts are widely used in the financial management, accounting, money management and in many others fields.

How To Create a Workflow Diagram

A workflow diagram is less general notation than a process flow diagram. Workflow as a term can apply to organizational process which involves people, resources, documents, sort of data, for instance; whereas a process is general collection of steps occuring in any sort of activity. That is why process flow diagram can be used as workflow diagram to describe business process, data flow or department interactions.

The fastest way to create a workflow diagram is using pre-designed workflow template. ConceptDraw PRO with the Workflow Diagrams solution delivers rich set of workflow diagram templates you may start from.

Business Process Modeling Notation Template

Create business process diagrams (BPMN 2.0.) with ConceptDraw using professional looking templates. ConceptDraw is business process improvement tools.