Steps in the Accounting Process


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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

Sample 1. Steps in the Accounting Process

This diagram was created in ConceptDraw PRO and illustrates the steps in the accounting process.

ConceptDraw PRO extended with Accounting Flowcharts Solution will help you facilitate your accounting process. Accounting Flowcharts Solution contains the useful and convenient tools for easily drawing the Accounting Flowcharts.

Designing the accounting flowcharts with complex steps in the accounting process, you can use the useful technique – replace some details in a separate flowchart.

Accounting Flowchart – Procurement Process Mapping

Sample 2. Accounting Flowchart – Procurement Process Mapping

This sample was created in ConceptDraw PRO using the Accounting Flowcharts library from the Accounting Flowcharts Solution and shows the accounting flowchart of the procurement process mapping. An experienced user spent 10 minutes creating this sample.

Use the ConceptDraw PRO with Accounting Flowcharts Solution to show the steps in the accounting process, the steps of accounting cycle and to create your own professional looking Accounting Flowcharts of any complexity quick and easy.

The Accounting Flowcharts produced with ConceptDraw PRO are vector graphic documents and are available for reviewing, modifying, and converting to a variety of formats (image, HTML, PDF file, MS PowerPoint Presentation, Adobe Flash or MS Visio XML).












Use Product:

  • Accounting Flowchart Software
  • Flowchart Diagram Software
  • Process Diagram Software
  • Business Diagramming Tool
  • Professional Business Graphics Tool
  • Technical Diagramming Tool
  • For Mac® & Windows®
  • Power Point®
  • Vector Format
  • ConceptDraw PRO native Mac app
  • Easier to use than Microsoft Visio® and more powerful
  • With free support and thousands of templates

Use Solution:

  • Accounting flowcharts templates and examples
  • Vector graphics elements
  • Analyzing complex processes
  • Designing complex processes
  • Documenting complex processes
  • Managing complex processes
  • Representing process operations
  • Showing the steps
  • Export to graphics files and PDF
  • Export to PPT
  • Web documents
  • Make Presentation


See Also Samples:



See also:


NINE RELATED HOW TO's:


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This sample was created in ConceptDraw PRO diagramming and vector drawing software using the Flowcharts solution from the What is a Diagram area of ConceptDraw Solution Park. This sample shows the Flowchart that displays the procedures of 2PP (two-party preferred) voting and counting the voters. The two-party-preferred vote is the result of the elections that was distributed to the final two parties.  Read more... →
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How to Create Flowcharts for an Accounting Information System
Accounting information is a system of processes to represent financial and accounting data that is used by decision makers. To represent accounting processes there are special symbols which are used to create accounting flowcharts. Flowcharts help users of Accounting Information System to understand the step sequences of accounting processes. Use ConceptDraw PRO with Accounting Flowcharts solution to document and communicate visually how accounting processes work, and how each operation is done.  Read more... →
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How Do You Make An Accounting Process Flowchart?
To describe the accounting processing use ConceptDraw Flowchart set of symbold created for Accounting data processing. Tips, Methods and Symbols on How to Create Flowcharts for an Accounting Information System.  Read more... →
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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.  Read more... →
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Tips on how to make an accounting flowchart. Describing methods and symbols that are used to represent the accounting system.  Read more... →
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How to Create Presentation of Your Project Gantt Chart
During the planning, discussing and execution of a project you may need to prepare a presentation using project views such as the Gantt Chart, Multiproject Dashboard or Resource Usage View. It’s easy do with ConceptDraw PROJECT!  Read more... →
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Process Flowchart
ConceptDraw is Professional software for making process flow diagram, workflow diagram, general flowcharts and technical illustrations for business documents. ConceptDraw software includes rich examples, templates, process flowchart symbols. Flowchart Maker ConceptDraw PRO 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.  Read more... →
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Related Solution: Flowcharts

Compatibility: Apple® OS X 10.10 or later
Microsoft® Windows® 7/8.1/10

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