How create a document flowchart and what are the entities

Assignment Help Accounting Basics

Reference no: EM132686834

Question - You are documenting part of the sales process for Neverland Company. It is a company with many locations around the country.

The process to document is as follows:

Sales have been set up to handle both: cash and credit sales. The goal is to streamline transactions to make the process effective and secure. At the end of each day the late shift store manager of each store enters a code into the cash register, (Hint: consider the cash register a peripheral device); when the code in entered, the cash register connects to the central computer located at the central headquarters. At the same time, the cash register sends the data on all inventory items sold during the day with the relevant data from credit card receipts and cash receipts. The central computer receives all this information and calculates the total deposit, and it prints a deposit slip on the printer at the store.

The manager takes the deposit to the bank with the printed deposit slip. AT the other end, the central computer records the cash receipt in a cash receipt database file at the central warehouse.

The central computer then updates the inventory database file as per the sales at each store. Next, the central computer checks the inventory file to see if any items need to be purchased for inventory. If any inventory items need to be purchased, the computer prints a purchase order document on the printer located in the purchase manager's office. If no items are needed to be ordered, the central computer sends a notification to the Purchase manager. Every couples of weeks, the central sends a summary of all cash receipts from data in the cash receipts database file to the controller's office.

Required - How create a document flowchart and what are the entities?

Reference no: EM132686834

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