Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Luke Yohn

03/15/2022

Sales/Sales Returns

Cash Receipts

Purchases

Cash Disbursements

Payroll

Receive order from vendor/customer

Receive

Order

What went well

Customer

Purchase

Order

Process

Order

Approve credit and authorize,

Prepare customer order,

Fill order from inventory

Prepare pre-numbered bill of lading

Prepare pre-numbered sales invoice

-Consult price list

-Review and authorize

Prepare bill of

lading & sales

invoice

Two Bill

of Ladings

Make entries in the:

- Sales Journal

- Accts. Rec. Sub. Ledger

Four Sales

Invoices

Approve & authorize request,

Receive & review return receiving report,

Prepare credit memos

receive

return request

Send One to Customer/Vendor & keep the other as a record.

Two Return

Requests

If Cash, make entry to:

- Cash Disbursements Journal.

If Credit, make entries to:

- Sales Journal

- Accts. Rec. Sub. Ledger

Receiving

Report for

Returned Sale

Two Credit

Memos

Process the documents & apply either a cash or credit refund

process &

Record

Receive either a check or ACH deposit

receive money

Check

Opportunity 1

Click to edit text

ACH Email

Opportunity 2

Click to edit text

Pull up the specific purchase order and match it with the payment,

Record in Cash Receipts Prelist,

process &

record

Cash Receipts

Prelist

Make an entry in:

- Cash Receipts Prelist

Following, make an entry to:

- Cash Receipts Journal

- Accts. Rec. Sub. Ledger

If Check - File in daily check log for bank deposit.

If ACH - Confirm documents match, then record payment.

What Type of

Document

Receive a request for more Inventory or Equipment.

receive

requisition

Prepare Two pre-numbered Purchase orders.

Get them authorized.

prepare &

process order

Two Purchase

Orders

Goal 1

Click to edit text

Receive goods

receive

goods

Prepare pre-numbered Receiving Report.

prepare

receiving

report

Receiving

Report

Make entries in the:

- Purchases Journal

- Accts. Payable Sub. Ledger

If Acquisition is Fixed Asset:

- Fixed Asset Sub. Ledger

Receive Purchase Order, Receiving Report, & Vendor Invoice.

receive

payment

documents

Action Item 1

Click to edit text

Purchase

Order

Make entries in the:

- Cash Disbursements Journal

- Accts. Payable Sub. Ledger

Receiving

Report

Action Item 3

Click to edit text

Vendor

Invoice

Prepare checks or ACH for authorization.

prepare

documents

Action Item 2

Click to edit text

Check

or

ACH

Authorize Documents for disbursement.

authorize

documents

Receive Time Record Reports/Cards

receive

time

cards

Action Item 2

Click to edit text

Time

Cards

Refer to Salary info in Employee Earnings Subsidiary in order to Calculate payroll.

calculate

payroll

Prepare pre-numbered Checks from the Payroll Journal.

prepare checks

from payroll

journal

Make entries in the:

- Payroll Journal

- Cash Disbursements Journal

- Employee Earnings Sub. Ledger

Payroll

Checks

Review & Authorize checks.

Disburse checks to respective employees.

authorize &

disperse checks

Learn more about creating dynamic, engaging presentations with Prezi