Revenue Cycle Sample Flowchart

Departments and Primary Objec ves

Sales department – Maximize sales of the company

Credit department – Minimize exposure to high-risk customers

Inventory control – Control of transfers of inventory, inventory monitoring

Warehouse – Safeguarding of inventories

to make sure na lahat ng shipment ng department is
Tottot

Shipping department – Ensures all shipments are authorized sales

ma authorized
Billing department – Ensures all billings are shipped to customers and properly recorded

A/R department – Proper monitoring of accounts receivable subsidiary ledger

General accoun ng – Proper pos ng of transac ons to general ledger

 Sales Department Credit Department Inventory Mgmt. Warehouse Shipping Department Billing
Department To determine if dapat na ba i
deliver ang inventory
Customer A Pick list Pick list
B C
Packing Slip
Approved SO
Bill of Lading
Customer Order Collect
Approved SO Pick list
goods and Approved
prepares SO Packing Slip
packing
Sales Order slip
Sales Order Matching
Check
Prepare Sales Order inventory Matching
Sales Order levels Pick list
Packing Slip
Prepares
Sales Invoice
Prepares Bill
Prepares of Lading
Approved SO pick list
Credit
Approved SO Evalua on Pick list
Approved SO C
Packing Slip
Pick list
Pick list Approved SO
Packing Slip
Pick list Bill of Lading
Approved SO
Approved SO Sales Invoice
B Bill of Lading
Sales Invoice
Bill of Lading
Sales Invoice
Bill of Lading

File A D

E
Carrier

Sales Flowchart 1/2

 Inventory Mgmt. Billing Department A/R Dept. General Ledger
Department
E
Pick list
D
Packing Slip F G H
Approved SO
Pick list
Update Sales Invoice
Packing Slip Journal Journal A/R
inventory
Approved SO Voucher Voucher Summary
monitoring
Bill of Lading
Sales Invoice
Journal Voucher Sales Invoice
Update
Journal Voucher F Sales Invoice
Customer Subsidiary
Pick list Ledger Reconcile
Approved SO

Update Pick list

Sales Packing Slip Post
Records
Approved SO Transac ons
Sales Invoice to GL
File
A/R Summary
Journal Voucher A/R Summary
File
Journal Voucher

File
H
G

Sales Flowchart 2/2

 Receiving Department Sales Department Inventory Mgmt. Billing Department A/R Department
Department
Return Slip Credit memo
Customer A B

Received Prepares Update Credit memo Credit memo

returned credit Inventory
goods memo Records

Update Update
Prepare Sales
Credit memo Credit memo SL
Return Records
Slips Credit memo Journal Voucher

Credit memo Journal Voucher

Credit memo A Credit memo Credit memo

Return Slip Credit memo Journal Voucher AR Summary

Return Slip B File Journal Voucher AR Summary

C

File File
File
D E
Customer
Warehouse

Sales Return Flowchart 1/2

 General Accoun ng

C D E

Journal Journal A/R

Voucher Voucher Summary

Reconcile

Post
Transac ons

to GL

Sales Return Flowchart 2/2

 Mailroom Treasury A/R Department General Accoun ng

Check
Customer A
Remi ance list B C

Remi ance Advice Remi ance list

Journal Voucher A/R Summary
Check Remi ance Advice

Deposit
collec ons

Prepare Update
Remi ance Subsidiary Reconcile
Remi ance list
Summary Ledger
Deposit slip

Check Remi ance list Post

Remi ance list transac ons
Remi ance Advice
Update cash to GL
Remi ance list A/R Summary
receipts
Remi ance list journal A/R Summary
Remi ance Advice

Remi ance list

Deposit slip File
C
Journal Voucher
Journal Voucher
A File

File
B

Collec on Flowchart