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Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400Accounting Information Systems 9th Edition by James Hall
Edition 9ISBN: 978-1133934400 Exercise 80
SYSTEM DOCUMENTATION
CASH RECEIPTS PROCEDURES
(MANUAL AND COMPUTER) The Mailroom receives checks and remittance advices from customers in payment of their accounts receivable. The clerk reviews the documents for completeness and correctness, sends the checks to the Cash Receipts department, and sends the remittance advices to the Accounts Receivable department. The AR clerk receives the remittance advices and updates the customers' AR records from the PC in the AR department. The cash receipts clerk receives the checks and post them to the cash receipts journal from the PC in the department. The clerk then sends the checks to the bank for deposit.
Required
Prepare a system flowchart of the procedures described above.
CASH RECEIPTS PROCEDURES
(MANUAL AND COMPUTER) The Mailroom receives checks and remittance advices from customers in payment of their accounts receivable. The clerk reviews the documents for completeness and correctness, sends the checks to the Cash Receipts department, and sends the remittance advices to the Accounts Receivable department. The AR clerk receives the remittance advices and updates the customers' AR records from the PC in the AR department. The cash receipts clerk receives the checks and post them to the cash receipts journal from the PC in the department. The clerk then sends the checks to the bank for deposit.
Required
Prepare a system flowchart of the procedures described above.
Explanation
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System Documentation - Expendi...
Accounting Information Systems 9th Edition by James Hall
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