Purchasing flowchart

This accounting flowchart example was created on the base of the figure from the website of the Office of the State Comptroller. [osc.ct.gov/ manuals/ acctdirect/ question03.htm]
"Purchasing is the formal process of buying goods and services. The purchasing process can vary from one organization to another, but there are some common key elements.
The process usually starts with a demand or requirements – this could be for a physical part (inventory) or a service. A requisition is generated, which details the requirements (in some cases providing a requirements speciation) which actions the procurement department. A request for proposal (RFP) or request for quotation (RFQ) is then raised. Suppliers send their quotations in response to the RFQ, and a review is undertaken where the best offer (typically based on price, availability and quality) is given the purchase order." [Purchasing process. Wikipedia]
The accounting flowchart example "Purchasing flowchart" was created using the ConceptDraw PRO software extended with the Accounting Flowcharts solution from the Finance and Accounting area of ConceptDraw Solution Park.

"Trade, also called goods exchange economy, is to transfer the ownership of goods from one person or entity to another by getting something in exchange from the buyer. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. ...
Modern traders ... generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. ...
Retail trade consists of the sale of goods or merchandise from a very fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Wholesale trade is defined as the sale of goods that are sold merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services." [Trade. Wikipedia]
The deployment flow chart example "Trading process diagram" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Cross-Functional Flowcharts solution from the Business Processes area of ConceptDraw Solution Park.