Prepare a flowchart OR DFD of the following process. Be sure to follow the rules associated with your chosen method.

When a person makes a bank deposit, the bank typically does the following:

When a customer presents a deposit at a bank branch, the bank staff or teller receives the deposit envelope or deposit slip. If the deposit is made through an ATM or mobile banking app, the bank's systems automatically receive the deposit details electronically.

The bank staff or automated systems verify the contents of the deposit. This includes checking the deposit slip or electronic information for accuracy, counting the cash if applicable, and examining the checks to ensure they are properly endorsed and payable. The bank enters the deposit details into its systems. This involves recording the customer's account number, the total amount deposited, and the breakdown of cash and checks. The data entry process helps maintain an accurate record of the customer's transaction and account balance.

The bank determines the availability of the funds to which the deposit pertains. This depends on various factors, such as the type of deposit (cash or check), the customer's account status, and any holds or restrictions that may apply. Banks have specific policies and regulations, including federal regulations, that govern the availability of funds. For example, if Bob the Builder deposits a $1,000 check from Carl Customer, Carls account would be verified to ensure it contains at least $1,000.

The bank updates the customer's account with the deposited funds. The deposit amount is added to the customer's account balance, reflecting the increase in available funds. This information is recorded electronically, ensuring the account information is up to date.

The bank provides a receipt to the customer as proof of the deposit. The receipt includes details such as the deposit amount, account number, date, and any denominations specified. This receipt serves as a record for both the bank and the customer.

The bank maintains detailed records of all deposits made by customers. This includes the deposit slip or electronic deposit information, images of checks, transaction records, and other relevant information. These records are crucial for accurate accounting, compliance, and customer service purposes. Banks also compile data on deposits received, such as the total deposit amount, the number of transactions, and other relevant statistics. This information is used for internal reporting, regulatory compliance, and financial analysis purposes.