Question
Ashton Fleming has asked you to document the cash reciepts system at S&S. Ashton's narrative of the system follows: Customer payments include cash recieved at
Ashton Fleming has asked you to document the cash reciepts system at S&S. Ashton's narrative of the system follows:
Customer payments include cash recieved at the time of purchase and payments recieved in the mail. At day's end, the treasurer endorses all checks and prepares a deposit slip for the checks and the cash. A clerk deposits the checks, cash, and deposit slip at the local bank each day.
When checks are recieved as payment for accounts due, a remittance slip is included with the payment. The Treasurer sends this to accounts recievable. The remittance slips are used to update the accounts recievable file at the end of the day. The remittance slips are stored on a file drawer by date.
Every week, accounts recievable generates a cash reciepts report and an aged trial balance using the accounts recievable ledger. The cash reciepts report is sent to Scott and Susan and one of them reviews it. A copy of the aged trial balance is sent to the credit and collections department where it is reviewed.
Required:
a. Prepare a context/overview DFD
b. Prepare a level 0 DFD
c. Prepare a business process diagram
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