Essay regarding Flow Chart

Flow Data

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Economical Audit – Case Study

Designing a circulation chart

COMPONENT 1 – Cycle of purchases – to be talked about in class

The storekeeper is charge together with the monitoring with the availability of uncooked material in warehouses. When ever falling below a critical level, he directs a requisition to the buy department with a copy towards the receiving clerk

If the buy has a benefit of below 10. 1000 € this means you will be tackled to a typical supplier (list of typical suppliers is made and up-to-date by the overseer of the purchase department), the order is definitely passed immediately by the assistant in charge in the purchase department. In case the order provides a value of more than 10. 500 € or if it is addressed to a supplier which is not among the list of usual suppliers, the overseer of the buy department need to either change the list of usual suppliers or produce a written authorisation valid just for this buy.

When the order can be executed, a purchase buy is created in 4 newspaper copies which can be circulated as follows: 1 . towards the supplier

2 . to the acquiring clerk

several. to the accounting department

5. filed during the buy department

(Part 2 next page)

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Financial Audit – Case Study

Designing a flow graph and or chart

PART two - Routine of product sales – To get prepared after the class and posted on Lola

The salesman works on a delivery slip in three conventional paper copies

1 . for the customer

2 . pertaining to the casher

3. registered by the store assistant

When the sales is paid cash, the consumer gives his copy for the casher the moment paying. The casher draw the copy as " Paid” and provides it back to the consumer who will give the copy for the storekeeper who will give him the purchased products. If the consumer requests an invoice, it really is electronically manufactured by the casher with replications circulated the following:

1 . for the client

installment payments on your to the accounting department

a few. filed by the casher

Within a credit sale, the customer must obtain a credit rating from the Sales Department. The Sales Office must then...