Question

need to create a system flowchart for the following narrative:

Cash Disbursements:

As noted above, Mary opens the mail and separates and logs the cash receipts and the invoices to be paid. Invoices are filed in alphabetical order by due date. Each Thursday, Mary pulls the invoices that are due that week and types three-part checks. The checks, along with the invoices, are given to Ed for his approval and signature. After Ed signs the checks, Mary mails the original, files the second copy in check number order, and attaches the third copy to the invoice. She then enters the check in the cash disbursement journal and the accounts payable subsidiary ledger. The third copy of the check and the attached invoice are filed alphabetically by vendor name.

Answer 1

Answer:

The flow chart for the given cash disbursement process is as below

Start

Mary opens email and segregate cash receipts and invoices to be paid

File Invoices alphabatically by due dates

Mary Pulls due invoices for every Thursday and type three part checks.

Mary gives Invoice and Checks to Ed for Approval and sign off

Ed review invoices and check and signed off.

Mary mails Original copy, File second copy in check order number and third copy attached to invoice

Mary enters check in the Cash Disbursement Journal and Accounts Payable Subsidiary Ledger

File third copy of check and invoice by Vendor Name (Alphabatically)

End