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 DIAGRAM 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.

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 Flowchart Symbols

Accounting is a well known and popular tool used for gaining full quantitative information about the finances. The accounting process includes extensive set of activities that begins with transactions and ends with closing of books. It contains all financial information for a given organization, the data about incomes, expenditures, purchases, sales, return, payroll, and many other numerical information. The excellent possibility to create great-looking Accounting Flowcharts is offered by professional ConceptDraw DIAGRAM diagramming and vector drawing software. It includes the Accounting Flowcharts solution containing wide variety of predesigned accounting flowchart symbols. All symbols are easy recognizable, commonly used, vector and professionally designed, so are capable effectively save your time and efforts when representing all stages of accounting work process, the flow of data in an organization, accounting procedures and processes, documents, tasks, responsible people, users, components and authorizations.

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 DIAGRAM.

ConceptDraw DIAGRAM 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.

Waterfall Bar Chart

Waterfall chart shows the changing of the value from one state to another through the series of intermediate changes. The waterfall diagrams are widely used in the business. They are used to represent the set of figures and allow link the individual values to the whole.

Rainfall Bar Chart

This sample shows the Horizontal Bar Chart of the average monthly rainfalls. This sample was created in ConceptDraw DIAGRAM diagramming and vector drawing software using the Bar Graphs Solution from the Graphs and Charts area of ConceptDraw Solution Park.

Financial Comparison Chart

This sample shows the Bar Chart of the leverage ratios for two major investment banks. The leverage ratio is the ratio of the total debt to the total equity; it is a measure of the risk taken by the bank. The higher of the leverage ratio denotes the more risk, the greater risks can lead to the subprime crisis.

Chart Software for Better Presentations

Easy charting software comes with beautiful chart templates and examples. This makes it easy to create professional charts without prior experience. Graphs and Charts Area provide a wide collection of professional looking predesigned templates, samples and ready-to-use vector stencils that will help you to draw the charts and diagrams of various types: Pie Charts, Donut Charts, Line Charts, Column Charts, Bar Charts, Pyramids, Scatter Charts, Venn Diagrams, Spider Charts, Area Charts, Divided Bar Graphs.

Column Chart Template

Column chart templates from ConceptDraw collection can help you find the best visual depiction for you data. You can easily modify column chart templates according to data you want to visualize.

Bar Chart Template for Word

All these bar chart templates are included in the Bar Graphs solution. You can quickly rework these bar graph templates into your own charts by simply changing displayed data, title and legend texts.

Bar Diagrams for Problem Solving. Create event management bar charts with Bar Graphs Solution

Create bar charts for event management problem solving and visual data comparison using the ConceptDraw DIAGRAM diagramming and vector drawing software extended with the Bar Graphs Solution from the Graphs and Charts area of ConceptDraw Solition Park.