Accounting Business Processes



Activities include the table review, independent student reading, and research. Table 2.1, "Examples of Business Process," of Introduction to Information Systems. Table 2.1 Accounting Business Processes Managing accounts payable Managing accounts receivable Reconciling bank accounts Managing cash receipts Managing invoice billings Managing petty cash Producing month-end close Producing virtual close Finance Business Processes Managing account collection Managing bank loan applications Producing business forecasts Applying customer credit approval and credit terms Producing property tax assessments Managing stock transactions Generating financial cash flow reports

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