Chapter 5 Business Processes: Sales, Purchasing, & Payroll Cycles ACCOUNTING INFORMATION SYSTEMS...

Chapter 5Chapter 5Business Processes: Business Processes: Sales, Purchasing, & Payroll CyclesSales, Purchasing, & Payroll Cycles

ACCOUNTING INFORMATION SYSTEMSACCOUNTING INFORMATION SYSTEMSThe Crossroads of Accounting & ITThe Crossroads of Accounting & IT

Baseline Accounting System & Transaction Cycles

Data Flow Diagrams (DFDs) use four symbols:

Agent = Square

Data Flow = Arrow

Data Store (Table) = Open Rectangle

Event or Process = Rounded Rectangle

DFD Example

Guidelines for Well-Designed DFDs

DFD: 3 Common Errors

How Do I Build a DFD (Level 0)?

Steps 6-10: Repeat steps 1-5 to create a level-1 DFD.

Level-1 DFD

Sales Cycle?

Create Invoices DFD EspressoCoffee

Updating a DFD with New Requirements – Exercise

Management has decided to offer discounts when a customer buys more than one of any given item. This discount only applies to the specific item(s) that the customer purchases in volume. For example if a customer buys five sets of cups and one coffee maker, they will only receive a discount on the cups. The discount percentage is based upon the number of items purchased and not the item itself.

Receive Customer Payments DFD EspressoCoffee

Make Deposits DFD EspressoCoffee

Purchasing Cycle?

Create purchase ordersReceive itemsEnter billsPay bills

Create Purchase Orders DFD EspressoCoffee

Receive Items DFD EspressoCoffee

Enter Items DFD EspressoCoffee

Pay Bills DFD EspressoCoffee

Payroll?

Enter Time DFD EspressoCoffee

Calculate Payroll DFD EspressoCoffee

Pay Employees DFD EspressoCoffee

Pay Payroll Liabilities DFD EspressoCoffee

Financial Cycle?

Adjusting Entries DFD EspressoCoffee

Adjusting Entries

Chapter 5 Business Processes: Sales, Purchasing, & Payroll Cycles ACCOUNTING INFORMATION SYSTEMS...

Documents

August Newsletter - TI Payroll & Accounting

Payroll Accounting Section 11. Overview Accounting Principles Account Classifications Account Balances Journal Entries Recording Payroll Transactions

Church Accounting: Payroll TRAINING GUIDE...Church Accounting: Payroll TRAINING GUIDE 2 PUBT418—2010—DEC ConnectNow Church Accounting: Payroll Training Guide Pub T418, December

Payroll Accounting Adjustment - FGCU

CHAPTER 12 Payroll Accounting

CHAPTER 13 Preparing Payroll Records. OBJECTIVES: n Define accounting terms related to payroll records n Identify accounting practices related to payroll

Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting

Accounting payroll outsourcing services 2013

Payroll Accounting, Taxes, and Reports. 2 4. Payroll Register

Ch.12 Accounting for Payroll: Employer Taxes and … Accounting for Payroll: Employer Taxes and Reports 1 o Calculate Employer’s Payroll Taxes o Record Employer’s Payroll Taxes

The Fundamentals of Payroll Accounting - …mwpayrollconf.org/.../fundamentals_of_payroll_accounting_.pdf · The Fundamentals of Payroll Accounting 2016 Midwest Regional Payroll Conference

CHAPTER 12 Payroll Accounting - Weebly

Accounting for payroll LU7

Accounting for Payroll

Basic Payroll Accounting - Smoothpay/Gold Payroll

Accounting Payroll Outsourcing Services

Accounting and Payroll Services - assets.kpmg

Fund Accounting & Payroll Software

Payroll Accounting

Single Touch Payroll - MMK Accounting