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 DIAGRAM with Accounting Flowcharts solution to document and communicate visually how accounting processes work, and how each operation is done.

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.