Page 323 - Accounting Information Systems

294 PART II Transaction Cycles and Business Processes

Vendor Invoice Check A General Ledger Accounts

Check Check Copy General Ledger Update General Ledger

Invoice
Cash Disbursements Invoice B Invoice

ANALYSIS Payroll Summary Approve Payroll Summary and Prepare Paychecks. Determine Due Dates for Vendor Payments from Invoice and Update AP . On Due Date Write Vendor Checks. Cash Disb Journal Accounts Payable Check Check Copy Check Check Copy

FLOWCHART B

COMPREHENSIVE Payroll Clerk Time Card Payroll Summary

7: Calculate Payroll, Prepare Payroll Summary, and Update Payroll Record Payroll Records General Cash Accounts
PROBLEM

Update Cash Account
Supervisor Time Card Approve and Sign Time Card Check Review and Distribute Bank

Check Check Copy

Employee Time Card Check A Bank Processes Payroll and Vendor Checks

A