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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.

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.

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.

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.

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.

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

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

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.

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.

ConceptDraw Solution Park ConceptDraw Solution Park

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

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)

flow chart software, flowchart maker, flowchart, flow chart Flowcharts

flow chart software, flowchart maker, flowchart, flow chart
The Flowcharts solution for ConceptDraw PRO is a comprehensive set of examples and samples in several varied color themes for professionals that need to represent graphically a process. Solution value is added by the basic flow chart template and shapes' libraries of flowchart notation. ConceptDraw PRO flow chart creator lets one depict the processes of any complexity and length, as well as design the Flowchart either vertically or horizontally.

Good Flow Chart app for Mac

The ConceptDraw PRO is a good flow chart app for Mac. Numerous vector stencils, samples and templates created by designers allows you to draw any type of flowchart.

IDEF0 method, IDEF0 notation IDEF0 Diagrams

IDEF0 method, IDEF0 notation
IDEF0 Diagrams visualize system models using the Integration Definition for Function Modeling (IDEF) methodology. Use them for analysis, development and integration of information and software systems, and business process modelling.
The vector stencils library "Aromatics" contains 23 symbols of aromatic rings for chemical drawing of molecular structural formulas and reaction mechanism schemes in organic chemistry.
"In organic chemistry, aromaticity is a chemical property describing the way in which a conjugated ring of unsaturated bonds, lone pairs, or empty orbitals exhibits a stabilization stronger than would be expected by the stabilization of conjugation alone. ... Aromaticity can also be considered a manifestation of cyclic delocalization and of resonance. This is usually considered to be because electrons are free to cycle around circular arrangements of atoms that are alternately single- and double-bonded to one another. These bonds may be seen as a hybrid of a single bond and a double bond, each bond in the ring identical to every other. This commonly seen model of aromatic rings, namely the idea that benzene was formed from a six-membered carbon ring with alternating single and double bonds (cyclohexatriene), was developed by Kekulé (see History section below). The model for benzene consists of two resonance forms, which corresponds to the double and single bonds superimposing to give rise to six one-and-a-half bonds. Benzene is a more stable molecule than would be expected without accounting for charge delocalization. ... Types of aromatic compounds. The overwhelming majority of aromatic compounds are compounds of carbon, but they need not be hydrocarbons. 1. Neutral homocyclics. Benzene, as well as most other annulenes (cyclodecapentaene excepted) with the formula CnHn where n is an even number, such as cyclotetradecaheptaene. 2. Heterocyclics. In heterocyclic aromatics (heteroaromats), one or more of the atoms in the aromatic ring is of an element other than carbon. This can lessen the ring's aromaticity, and thus (as in the case of furan) increase its reactivity. Other examples include pyridine, pyrazine, imidazole, pyrazole, oxazole, thiophene, and their benzannulated analogs (benzimidazole, for example). 3. Polycyclics. Polycyclic aromatic hydrocarbons are molecules containing two or more simple aromatic rings fused together by sharing two neighboring carbon atoms (see also simple aromatic rings). Examples are naphthalene, anthracene, and phenanthrene. 4. Substituted aromatics. Many chemical compounds are aromatic rings with other functional groups attached. Examples include trinitrotoluene (TNT), acetylsalicylic acid (aspirin), paracetamol, and the nucleotides of DNA. 5. Atypical aromatic compounds. Aromaticity is found in ions as well: the cyclopropenyl cation (2e system), the cyclopentadienyl anion (6e system), the tropylium ion (6e), and the cyclooctatetraene dianion (10e). Aromatic properties have been attributed to non-benzenoid compounds such as tropone. Aromatic properties are tested to the limit in a class of compounds called cyclophanes. A special case of aromaticity is found in homoaromaticity where conjugation is interrupted by a single sp³ hybridized carbon atom. When carbon in benzene is replaced by other elements in borabenzene, silabenzene, germanabenzene, stannabenzene, phosphorine or pyrylium salts the aromaticity is still retained. Aromaticity also occurs in compounds that are not carbon-based at all. Inorganic 6-membered-ring compounds analogous to benzene have been synthesized. Hexasilabenzene (Si6H6) and borazine (B3N3H6) are structurally analogous to benzene, with the carbon atoms replaced by another element or elements. In borazine, the boron and nitrogen atoms alternate around the ring." [Aromaticity. Wikipedia]
The organic compound structural formulas example "Aromatics - Vector stencils library" was created using the ConceptDraw PRO software extended with the Chemistry solution from the Science and Education area of ConceptDraw Solution Park.
Biphenyl
Biphenyl, diphenyl,
Pyrene
Pyrene, pyrene,
Triphenylene
Triphenylene, triphenylene,
Phenanthrene
Phenanthrene, phenanthrene,
Anthracene
Anthracene, anthracene,
Acenaphthylene
Acenaphthylene, acenaphthylene,
Naphthalene
Naphthalene, naphthalene,
Indene
Indene, indene,
Indene
Indene, indene,
Indene
Indene, indene,
Indene
Indene, indene,
Cyclopentadiene
Cyclopentadiene, cyclopentadiene,
1,3-Cyclohexadiene
1,3-Cyclohexadiene, cyclohexadiene,
Cyclohexadiene
Cyclohexadiene, cyclohexadiene,
1,4-Cyclohexadiene
1,4-Cyclohexadiene, cyclohexadiene,
Cyclohexene
Cyclohexene, cyclohexene-1,
Cyclohexadiene 2
Cyclohexadiene 2, cyclohexadiene,
Cyclopentadiene 2
Cyclopentadiene 2, cyclopentadiene,
Cyclopentene
Cyclopentene, cyclopentene, cyclopentene-1,
Cyclopentadiene 3
Cyclopentadiene 3, cyclopentadiene,
Cyclobutadiene
Cyclobutadiene, cyclobutadiene,
Cyclopropene
Cyclopropene, cyclopropene-1, cyclopropene,
Phenalene
Phenalene, phenalene,